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Gaurang Shah, Sr.Vice President, Geojit Financial Services Ltd

Extremely positive about the sector that is alco beverages, and Radico Khaitan happens to be one of the oldest players, having some very strong and powerful brands, which has actually gained a decent amount of market share and the consumer loyalty or a product recall is very high as far as far as some of the products of Radico Khaitan is concerned. Having said that, like I mentioned, we are positive on the sector. We like United Spirits as a disclosure, but Radico Khaitan is a very strong player. And the good part about this investment on the day is that the gentleman got in at a very decent level. Won’t give specific, since we don’t have coverage.

Ruchit Jain, Equity Technical Research, Wealth Management, Motilal Oswal Financial Services

The overall trend still seems to be positive. Recently, we did see some price wise correction from that high of ₹3,500 to ₹2,600 but the stock seems to have formed a good support base around the recent close. Surpassed its important 50 and 200 EMA in last few trading sessions, and we can clearly see the volumes increasing along with the price. So, this just seems to be a resumption of the broader uptrend after a corrective phase. Technically, if we take the retracement then it gives us a price target somewhere around ₹3,650 so for a potential target of ₹3,650 one should hold on. Maybe can take a review again around those levels.

Here are a couple of stock recommendations by Rajesh Palviya, VP Technical and Derivative Research Axis Securities, Axis Securities:

Buy Jindal Steel with a stop loss of ₹1,265 and a target of ₹1,340-1,350

Buy ABB India with a stop loss of ₹7,170 and a target of ₹7,400-7,500

Sources Say:

HDFC Bank To Move For CEO Re-Appointment After Law Firms Give A Clean Chit

Law Firm’s Report On HDFC Bank Governance Expected By April End

Alert: Mumbai-Based Trilegal, 2 Other Law Firms Were Appointed In March To Investigate Concerns

Alert: Former Chairman Atanu Chakraborty Had Raised Ethical Concerns In His Resignation

Auditor Has Issued Unqualified Report As Part Of The Q4 Results

Alert: CNBC-TV18 Reached Out To HDFC Bank, Comments Awaited

Adani Power overtakes Adani Ports’ market cap, becomes most valuable co in Adani Group

Groww reported its fourth quarter results today.

Its net profit was up 25.5%, while its revenue increased 23.8% sequentially.

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Rupee depreciates 40 paise against the US Dollar from the opening levels

Here are a couple of stock recommendations by Somil Mehta, Head-Retail Research, Mirae Asset Sharekhan:

Buy Delhivery with a stop loss of ₹458 and a target of ₹510

Buy Indian Bank with a stop loss of ₹928 and a target of ₹1,000

Insecticides India On CNBC-TV18:

Paddy Crop May See Disruption If Rainfall Is Lower, But States Have Enough Groundwater

Cost Of Agriculture Might Rise

Central India’s Dependence  On Rain Is Very High

Dams Are Full Across  The Country Right Now

Raw Material Costs  Higher By Almost 10-12%

There Could Be Further 5% Increase In Input Costs If War Continues

Have Been Able To Pass On The Higher Input Costs To The Customers

The stock is down 3.5% at the moment and has fallen over 5% from its intraday high.

Nifty 50 has slipped below 24,400

Sensex is back at 76,600

Trent, JSW Steel, SBI, Asian Paints and NTPC are the top Nifty gainers, while Jio Financial Services, Hindalco, L&T, Kotak Mahindra Bank, Tata Motors PV are the top losers.

A total of 30 of the 50 stocks are trading with gains.

Manali Petro To Restart Plant-1 Operations After Government Allocates Propylene Supply

Groww Q4

Somil Mehta, Head-Retail Research, Mirae Asset Sharekhan

Buy Delhivery with a stop loss of ₹458 and a target of ₹510Buy Indian Bank with a stop loss of ₹928 and a target of ₹1,000

From The Telegraph:

Contract For Supply Of Six Advanced Submarines To Indian Navy In Advanced Stages

Min Official Says:

‘Negotiations Are On, And The Proposed Deal Is All Set To Be Finalised Soon’

Mazagon Dock & Thyssenkrupp Will Build 6 Advanced Submarines Under P-75i

As Part Of Contract, Thyssenkrupp Will Transfer Submarine’s Design & Tech To India

Alert: Defence Minister Rajnath Singh To Visit Germany From April 21–23

Here are a couple of stock recommendations by Shivangi Sarda, Analyst – Equity Derivatives & Technicals, Broking & Distribution, Motilal Oswal Financial Services:

Buy Federal Bank with a stop loss of ₹290 and a target of ₹307

Buy Power Grid with a stop loss of ₹315 and a target of ₹333

Systematix On CNBC-TV18:

EBITDA Margins Will Likely Compress Across Most Companies

Lupin Is Expected To Be The Strongest Performer, With Approx 60% Earnings Growth

Dr Reddy’s May See Sharp EBITDA Erosion If Semaglutide Does Not Materialise

The stock is currently up 4.6%.

The stock is up for the second consecutive day. It has gained for four out of the last five trading sessions.

It has gained 15.9% this year, so far.

The stock is currently up 13.6%.

It is also the top Nifty Smallcap gainer.

It has gained 28.3% in the past year.

Mastek On CNBC-TV18:

Q4 Saw A Wage Hike  Impact Of 1-1.5% On Margin

EBITDA Margin To Stay  Stable At 16-16.5% In FY27

Reduced EBITDA Margin Guidance From 17% To 16.5% Due To Increased Competition

Effective Adoption Of AI Will Determine Biz Going Forward

North America Biz Underperformed, Have Done Some Restructuring To Aid Turnaround In FY27

Here are a couple of stock recommendations by Nagaraj Shetti, Senior Technical Research Analyst, HDFC Securities:

Buy NLC India with a stop loss of ₹305 and a target of ₹335

Buy KFintech with a stop loss of ₹935 and a target of ₹1,015

Yes Bank shares reported their fourth quarter earnings over the weekend.

However, brokerage Nomura is ‘neutral’ on the stock, while Morgan Stanley and JPMorgan have ‘underweight’ stances on the stock.

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Bajaj Consumer On CNBC-TV18:

Increased Distribution And  Improved Wholesale Network

Have Upped Ad Spends On Bajaj ADHO

Also Worked On Improving P&L  Of The Coconut Oil Portfolio

Covered For Inventory In Q1,  Expect RM Basket To Cool Off

May Need To Take A  Calibrated Price Hike

Will Take Pricing Action In Q1 & Take Steps To Protect The Margin

Will Reach `500 Cr From  Non-Almond Oil Portfolio In 3 Yrs

New Age Channels Account For 30% Of Sales, Will Use To Premiumise

HOCL Says BPCL Has Resumed The Supply Of LPG In Accordance With The Directions Of Govt

Necessary Plant Restart Activities Has Been Initiated & Is In Progress

Here are a few stock recommendations by Sudarshan Sukhani, Proprietor, Technical Trends:

Buy Amber with a stop loss of ₹7,700

Buy Infosys with a stop loss of ₹1,290

Buy Canara Bank with a stop loss of ₹142

Sell ICICI Bank with a stop loss of ₹1,380

Suvankar Sen, Senco Gold On CNBC-TV18:

Saw 25-30% Growth This  Akshaya Tritiya & Poila Boishakh

Volumes Have Declined 12-15% This Year So Far, Due To Higher Prices

A 3% IGST On Dore Charges  Was The Bone Of Contention

We Pay IGST Upfront For Dore

Saw A 2-3% Growth In Footfalls

Have A EBITDA Margin  Guidance Of 7.5-7.8%

Saw Volume Degrowth Of  12-15% In Q4 As Well

Old Gold Exchange Accounts For 40-45%

Will Benefit From Higher Gold Prices Due To Inventory Gains

Have 50-55% Inventory Hedged

Asian Paints shares are trading with gains on Monday, on the back of second round of price hikes.

Paint companies are back in focus in view of input cost pressures resurfacing, driven largely by the increase in crude-linked derivates and currency weakness.

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Market off lows, all major indices are now trading in the green. Nifty recovers nearly 200 points from the lows.

Nifty 50 is now above 24,400.

SBI, Trent, ICICI Bank, Asian Paints, JSW Steel top gainers.

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