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May 20, 2025
- Daily Morning Report Date: 20.05.2025
- NIFTY OUTLOOK: 24945.45 FII: -525.95 cr DII: -237.93 cr
- As discussed yesterday, market behaviour remained on expected lines. Nifty opened flat and slid to our support level of 24930, making a low of 24916, before closing at 24945.45.
- A second consecutive small bearish candle has appeared on the daily chart, indicating minor profit booking. If Nifty decisively breaks below the 24863–24833 zone, we may see further decline towards 24781–24697. If selling pressure increases, it could even test 24617.
- However, the uptrend remains intact, and Nifty may face resistance near 25030–25116. A breakout above these levels and sustained momentum could push it towards 25193–25273.
- Bank Nifty OUTLOOK
- SPOT: 55420.70 PCR: 0.85 Max CE OI: 63000 Max PE OI: 55000
- On 19th May 2025, Bank Nifty closed at 55420.70, up by 0.12% from the previous day. The index hit a high of 55695.55 and a low of 55296.55 during the session. It tested the resistance level but couldn’t sustain and slipped nearly 300 points.
- Technical View on Daily Chart:
- Key technical levels remain unchanged, with 55645 as resistance and 55064 as support. A breakout above 55645 may take the index to 55935, while a breach below 55064 could drag it down to 54700.
- The Relative Strength Index (RSI) stands at 61.50; below 30 is considered oversold and above 70 overbought.
- Bank Nifty Day SMA Analysis:
- Bank Nifty is trading above all 8 key Simple Moving Averages (5, 10, 20, 30, 50, 100, 150, and 200-day), indicating strong bullish momentum.
- It is trading below none of the SMAs.
- No candlestick pattern was identified in Bank Nifty.
- Macros.
- 1. Dollar index @ 100.27
- 2. Vix @ 18.14
- 3. Brent crude @ 65.48
- 4. Bond yield @ 4.453
- Note:
- China has cut its benchmark lending rates for the first time since October, as expected, amid slowing economic momentum. The People’s Bank of China reduced the one-year Loan Prime Rate (LPR) by 10 basis points to 3.0%, and the five-year LPR was lowered to 3.5%. The one-year rate primarily affects most new and outstanding loans, while the five-year rate influences mortgage pricing.
- Meanwhile, geopolitical developments in the Ukraine-Russia region appear constructive, with President Putin reportedly agreeing with Trump to work on a non-memorandum framework for a possible peace accord. However, European nations remain skeptical about Putin's intent toward a genuine ceasefire. Still, even an initial truce could create a conducive atmosphere for peace talks. If progress is seen, crude oil prices may decline and could fall to the $58–59 range.
- Contributed by
- Ashok bhandari : INH000019549
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- BEAT THE STREET BULLETIN
- Date: 20-May-2025
- Telegram: [t.me/beatthestreet10]
- Q4 RESULTS / EARNINGS REPORTS
- * BHARAT WIRE ROPES: Q4 net profit down 5% YoY, up 39% QoQ; revenue up 17% YoY.
- * ASTAL LAB: Q4 net profit up 398% YoY; margins significantly improved.
- * POWERGRID CORP: Q4 net profit up 5% YoY, revenue down 1% YoY.
- * GLOBUS SPIRITS: Q4 net profit jumped to ₹5.54 Cr from ₹0.25 Cr YoY.
- * REDINGTON: Q4 net profit up 105% YoY; strong topline and bottomline growth.
- * RITCO LOGISTICS: Q4 net profit up 36% YoY; EBITDA up 34%.
- * MALLCOM: Q4 net profit up 175% YoY, despite EBITDA decline.
- * DLF: Q4 net profit up 39% YoY; revenue up 47%.
- * INNOVA CAPTAB: Q4 net profit up 3% YoY, down 13.5% QoQ.
- * CARYSIL: Q4 net profit up 20% YoY; EBITDA up marginally.
- * SPARC: Q4 loss narrows to ₹59.77 Cr; revenue up 64%.
- * KILITCH DRUGS: Q4 net profit up 189% YoY; strong operational performance.
- * EVEREST INDUSTRIES: Q4 net profit up 41% YoY; QoQ loss due to operational issues.
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- ORDER WIN / PROJECT AWARD
- * RVNL: Emerges L1 bidder for ₹178.64 Cr IRCON signalling project.
- * HFCL: Wins ₹173.72 Cr order for 5G outdoor CPE from major telecom client.
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- ACQUISITIONS / APPROVALS
- * 360 ONE WAM: Gets SEBI approval to acquire B\&K Securities.
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- FUNDRAISING
- * OLA ELECTRIC: Board to consider fundraising via NCDs on May 22.
- * MAHINDRA & MAHINDRA: To fully subscribe to ₹1,496 Cr rights issue of Mahindra Lifespace.
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- COLLABORATIONS / AGREEMENTS
- * ZAGGLE: Signs 3-year agreement with White Oak for expense management services.
- * AZAD ENGINEERING: Inks 5-year supply agreement amendment with Baker Hughes’ Nuovo Pignone.
- * LLOYDS METALS: Invests in 100 MW solar via 26% stake in HR Godavari; signs PPA for captive use.
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- NEW PROJECTS / COMMISSIONING
- * SHYAM METALICS: To set up greenfield wagon plant (4,800/year) at Kharagpur by Mar 2026.
- * COASTAL CORP: Starts commercial ethanol production at subsidiary.
- * ACME SOLAR: Commissions 112.5 MW Phase-II solar plant in Rajasthan.
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- NEW SUBSIDIARIES / STRATEGIC MOVES
- * STEEL EXCHANGE: Approves formation of WOS “SEIL Infra Logistics” to monetize non-core assets.
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- LEADERSHIP / BOARD UPDATES
- * UPDATER SERVICES: Board meeting postponed to May 24 for FY25 result post-merger.
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- FII STAKE / SHAREHOLDING CHANGES
- * ETERNAL: Shareholders approve 49.5% foreign ownership cap via special resolution.
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- GUIDANCE / OUTLOOK
- * PI INDUSTRIES: FY26 revenue growth guidance in single digits with stable margins.
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- STAY UPDATED WITH BEAT THE STREET
- For more updates, join our Telegram channel: \[t.me/beatthestreet10]
- @beatthestreet10
- Supreme Holdings and Hospitality (India) is into construction and real-estate space. The book value of the stock is Rs 144.21 compared to the current market price of Rs 100.
- Market cap : 395 cr
- PB Ratio : 0.75
- Compounded Profit Growth
- 10 Years: 94%
- 5 Years: 20%
- 3 Years: 81%
- TTM: 69%
- A smallcap company with 40 years of rich expertise is executing some of the largest and strategic projects
- Namely
- DB Patil International Airport
- Mumbai Trans-Harbor Sea Link
- JNPT Port
- MUMBAI - ALIBAUG WATER FERRY
- NAVI MUMBAI METRO CORRIDOR 3
- MSRTC PANVEL BUS PORT
- VIRAR- ALIBAUG MULTI MODAL CORRIDOR
- FOODS AND INNS Q4 :CONS NET PROFIT UP 341 % AT 22.92 CR (YOY), UP 2838 % (QOQ)
- REVENUE UP 15 % AT 397 CR (YOY) ,UP 110 % (QOQ)
- EBITDA UP 26 % AT 47.7 CR (YOY),UP 157 %(QOQ)
- MARGINS AT 12 % V 10.9 % (YOY),9.8 % (QOQ)
- @beatthestreet10
- ONE MOBIKWIK Q4 :CONS NET LOSS AT 56 CR V 0.6 CR LOSS (YOY), 55.2 CR LOSS (QOQ)
- REVENUE UP 1 % AT 267 CR (YOY) ,DOWN 1 % (QOQ)
- EBITDA LOSS OF 56.64 CR V 0.8 CR LOSS (YOY), 47.7 CR LOSS (QOQ)
- MARGINS AT -21.15 % V -0.3 % (YOY), -17.7 % (QOQ)
- @beatthestreet10
- Waaree Energies forays into Transformer Manufacturing
- @beatthestreet10