Author: Vicky Nagar
Vicky Nagar
Vicky Nagar is an equity trader with 5+ years of experience in trading and investing. He has expertise in equity valuation, sectoral analysis, index analysis, and in identifying the market trends. He is a NISM Certified Research Analyst. Formerly a relationship manager at Kotak Mahindra Bank Limited in the Agri-Business Group, he also has teaching experience at KS School of Business Management, Gujarat University, and as an Academic Associate at IRMA (Institute of Rural Management Anand). He holds a BBA (Gold Medalist) and an MBA (Gold Medalist) in Marketing.
Weekly Market Snap: Weekly Market Movement: Indian equity benchmarks wrapped up the week with marginal declines, marking the fifth consecutive week of losses. However, the BSE Midcap and BSE Small-cap indices saw notable increases during this period. The Nifty index concluded the week below the 19,300 mark. Throughout the week, the benchmark indices recorded gains in three out of five trading sessions. In the trading week concluding on August 25, 2023, the S&P BSE Sensex experienced a dip of 0.10%, shedding 62.15 points to reach a closing value of 64,886.51. Similarly, the Nifty 50 index witnessed a decrease of 0.23%,…
About the Company: Incorporated in 1993, Aeroflex Industries Limited specializes in crafting and distributing environmentally friendly metallic flexible flow solutions worldwide. Their unique products, such as bendable pipes and hoses, find applications across the globe, including in Europe and the USA. Impressively, they export to over 80 countries, with exports contributing significantly to their revenue. These solutions play a crucial role in facilitating the controlled movement of substances like air, liquids, and solids across industries. By using stainless steel and even bronze, Aeroflex Industries crafts products that replace traditional rubber and polymer solutions, championing eco-friendliness due to their lower carbon…
Weekly Market Snap: Weekly Market Movement: In the recent trading week, key stock market indices closed with slight losses attributed to concerns surrounding China's demand slowdown and the potential for interest rate hikes in developed economies. These factors, coupled with foreign investors selling shares in local markets throughout the month, contributed to a cautious sentiment prevailing among investors. During the week ending on August 18, 2023, the S&P BSE Sensex experienced a decline of 0.57%, settling at 64,948.66 points. Similarly, the Nifty 50 index closed at 19,310.15 points, marking a decrease of 0.61% during the same period. Economic Update: Moody's…
About the Company: TVS Supply Chain Solutions Limited offers supply chain management services to international organizations, government departments, and medium to large businesses. Its services are divided into two segments: Integrated supply chain solutions (ISCS) and Network Solutions (NS). The ISCS segment covers various aspects such as sourcing, procurement, transportation, logistics, in-plant operations, aftermarket fulfillment, and consulting. The NS segment includes global forwarding solutions, warehousing, value-added services, and time-critical final mile solutions. During the fiscal year 2022 and the nine months until December 31, 2022, TVS SCS assisted 10,531 and 8,115 customers worldwide, along with 1,044 and 733 customers in…
Weekly Market Snap: Weekly Market Movement: In the past week, major stock indices faced persistent decline, despite an initial boost from lower-than-expected US inflation. However, market sentiment turned as the Reserve Bank of India (RBI) introduced an unexpected measure. The RBI's announcement of a 10% incremental cash reserve ratio (ICRR) for banks from August 12 aimed to manage liquidity. The Nifty index settled below 19,450, with three out of five trading sessions ending in losses. The S&P BSE Sensex dropped 398.60 points (0.61%), closing at 65,322.65, and the Nifty 50 index fell 88.70 points (0.45%) to 19,428.30. Despite this, the…
About the Company: • Concord Biotech Limited is an R&D-driven biopharma company based in India, established in 1984. It holds a prominent position globally as a developer and manufacturer of fermentation-based APIs, particularly in immunosuppressants and oncology, leading in market share by volume in 2022. • With a strong international presence, Concord supplies its products to more than 70 countries, including the USA, India, Europe, and Japan. • The company specializes in manufacturing Active Pharmaceutical Ingredients (API) using fermentation and semi-synthetic processes, expanding from a single product to a comprehensive solution provider. • Concord's product range covers therapeutic segments such…
About the Company: SBFC Finance Limited is a non-banking finance company established in 2008. It does not take deposits but provides important financial services. The company mainly serves entrepreneurs, small business owners, self-employed individuals, and working-class people. SBFC offers two types of services: Secured MSME Loans and Loans against Gold. It aims to help those who are underserved by traditional banks. The company considers various factors before providing loans to ensure the borrower's success. SBFC has a strong presence across India with branches in 105 cities across 16 states and two union territories. Financials and Valuation: The following table shows…
Weekly Market Snap: Weekly Market Movement: During the week ended on Friday, 4th August 2023, the domestic equity benchmarks experienced a decline for the second consecutive week, mainly triggered by Fitch's recent downgrade of the US credit rating. Both the S&P BSE Sensex and Nifty 50 index nudged lower, with the Sensex slipping by 438.95 points or 0.66% to close at 65,721.25, and the Nifty 50 declining by 129.05 points or 0.66% to settle at 19,517. Throughout the week, the frontline indices witnessed losses in three out of five trading sessions. On the other hand, the BSE Mid-Cap index remained…
Weekly Market Snap: Key Highlights: Equity markets experienced a decline as selling pressure impacted key index pivotals, snapping a four-week rising trend. Despite this, the broader market showcased resilience, outperforming frontline indices. The Nifty settled below the 19,650 mark, influenced by reduced Foreign Portfolio Investor (FPI) inflows and the upward movement of US bond yields. In the week ending on 28 July 2023, the S&P BSE Sensex declined by 524.06 points (0.79%) to reach 66,160.20. Simultaneously, the Nifty 50 index dropped 98.95 points (0.50%) to close at 19,646.05. Contrarily, the BSE Mid-Cap index surged 2.07%, settling at 30,159.82, and the…
About the Company: • Yatharth Hospital and Trauma Care Services Limited is a hospital chain established in 2008. • The hospital has several super specialty hospitals located in Delhi NCR, specifically in Noida, Greater Noida, and Noida Extension, Uttar Pradesh. • The Noida Extension Hospital is one of the largest in the area and has 450 beds. • Yatharth Hospital offers various amenities and facilities to its patients. • All of their hospitals have been accredited by the NABH, and the ones in Greater Noida and Noida Extension are also accredited by NABL. • The hospitals meet international quality standards…