DIWALI PICKS 2022

DIWALI PICKS 2022

DIWALI PICKS 2022

SCRIPT
NAME CURRENT PRICE TARGET PRICE
INFOSYS 1500 1650
TATA STEEL 100 110
MARUTI 8700 9200
AVENUE SUPERMARTS 4200 4600
BANK OF BARODA 140 170
INFOSYS

Infosys Limited (Infosys), formerly Infosys Technologies Limited, provides business consulting, technology, engineering and outsourcing services. Its end-to-end business solutions include consulting and systems integration comprising consulting, enterprise solutions, systems integration and advanced technologies; business information technology (IT) services consisting application development and maintenance, independent validation services, infrastructure management, engineering services comprising product engineering and life cycle solutions and business process management; products, business platforms and solutions, including Finacle, its banking product, which offers solutions to address core banking, mobile banking and e-banking needs of retail, corporate and universal banks globally, and areas, such as cloud computing, enterprise mobility and sustainability. On January 4, 2012, Infosys BPO Limited acquired Portland Group Pty Ltd. In October 2012, it acquired Lodestone Holding AG..The company also in the business segment of Financial Services, Energy & utilities, Life Sciences and Healthcare, Consumer packaged goods and Logistics.

 Technical view

• Buy Infosys at 1500 Target 1650,1800 Stop loss 1355

 

 Ratio analysis

 

 

TATA STEEL

Tata Steel Limited is an Indian multinational steel-making company, based in Jamshedpur, Jharkhand and headquartered in Mumbai, Maharashtra. It is a part of the Tata Group.
Formerly known as Tata Iron and Steel Company Limited (TISCO), Tata Steel is among the top steel producing companies in the world with an annual crude steel capacity of 34 million tonnes. It is one of the world’s most geographically diversified steel producers, with operations and commercial presence across the world. The group (excluding SEA operations) recorded a consolidated turnover of US$19.7 billion in the financial year ending 31 March 2020. It is the second largest steel company in India (measured by domestic production) with an annual capacity of 13 million tonnes after Steel Authority of India Ltd. (SAIL). TATA Steel, along with SAIL and Jindal Steel and Power, are the only 3 Indian steel companies that have captive iron-ore mines, which gives the three companies price advantages.
Tata Steel operates in 26 countries with key operations in India, Netherlands and the United Kingdom, and employs around 80,500 people. Its largest plant (10 MTPA capacity) is located in Jamshedpur, Jharkhand. In 2007, Tata Steel acquired the UK-based steel maker Corus. It was ranked 486th in the 2014 Fortune Global 500 ranking of the world’s biggest corporations.[8] It was the seventh most valuable Indian brand of 2013 according to Brand Finance.
 Technical view

• Buy Tata steel at 100 Target 110,115 Stop loss 92

 

 Ratio analysis

 

 

 

MARUTI

Maruti Suzuki India Limited, formerly known as Maruti Udyog Limited, is an Indian automobile manufacturer, based in New Delhi. It was founded in 1981 and owned by the Government of India until 2003, when it was sold to the Japanese automaker Suzuki Motor Corporation. As of February 2022 Maruti Suzuki has a market share of 44.2 percent in the Indian passenger car market.
Maruti Suzuki India Limited (MSIL) is engaged in the business of manufacture, purchase and sale of motor vehicles, automobile components and spare parts (automobiles). The other activities of the Company consist of facilitation of pre-owned car sales, fleet management and car financing. The Companys portfolio includes the Maruti 800, Alto 800, Alto K10, A-star, Estilo, WagonR, Ritz, Swift, Swift DZire, SX4, Omni, Eeco, Kizashi, Grand Vitara, Gypsy, Ertiga and Stingray. The Companys services include Finance, Insurance, Maruti Genuine Accessories, Maruti Genuine Parts, Maruti Driving School and Autocard.

 Technical view

• Buy Maruti at 8700 Target 9200,9550 Stop loss 8315

 Ratio analysis

 

 

 

 

 

AVENUE SUPERMARTS

Avenue Supermarts Limited, d/b/a DMart, is an Indian retail corporation that operates a chain of hypermarkets in India. It was founded by Radhakishan Damani in 2002, with its first branch in Powai’s Hiranandani Gardens. It has 320 stores in 100 cities across 14 states in India including Maharashtra, Andhra Pradesh, Telangana, Gujarat, Madhya Pradesh, Chhattisgarh, Rajasthan, National Capital Region, Tamil Nadu, Karnataka, Uttar Pradesh, Daman and Punjab.
DMart is promoted by Avenue Supermarts Ltd. (ASL). The company has its headquarters in Mumbai. As of 31 March 2022, DMart had a total of 10,713 permanent employees and 58,597 employees hired on contractual basis. Market Capital have $34 billion $3.2 billion revenue with $250 million profit.
After the IPO listing (as Avenue Supermarts Ltd.), it made a record opening on the market on the National Stock Exchange. After the close of the stock on 22 March 2017, its market value rose to ₹39,988 crore. This pegged it as the 65th most valuable Indian firm, ahead of Britannia Industries, Marico and Bank of Baroda. As of 21 November 2019, the market capitalization of DMart is close to ₹114,000 crore, making it the 33rd largest company listed on the Bombay Stock Exchange.
In 2022, Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, has reported a 35.75 per cent rise in standalone revenue from operations to Rs 10,384.66 crore for the second quarter of the current fiscal.
 Technical view

• Buy Avenue supermarts at 4200 Target 4600,4750 Stop loss 3835

 Ratio analysis

 

 

 

 

BANK OF BARODA

Bank of Baroda is a pioneer in various customer centric initiatives in the Indian banking sector. Services offered by the bank includes Retail banking -under which it offers products and services such as deposits, loans, credit and debit cards, demat services, remittances, ECS (electronic clearing services, government business, etc.; Rural and agri banking under which it offers products and services such as deposits, agricultural loans, lockers services, etc to rural customers and agricultural sector; Corporate banking -under which it provides project finance, film finance, foreign currency loans, working capital finance, treasury products, etc to the corporate sector; products & services are also offered for the SME sector & provides wealth management services to companies in the areas of insurance and mutual funds. In insurance it offers services to HDFC and National Insurance Company. In mutual funds it provides services to UTI, Birla Sun Life, Reliance Mutual Fund, Sundaram BNP Paribas, Franklin Templeton Investments and Baroda Pioneer Asset Management Company.

 Technical view

• Buy Bank of baroda at 140 Target 170,185 Stop loss 120

 Ratio analysis