Stock Ideas 💡 - 20 May 2024
Stock Ideas handpicked saving you from wasting time and analysis paralysis.
Hello! 👋
Welcome to some interesting stock ideas for this week.
What is Stock Ideas💡 and who is it for? Refer here - Introduction to Stock Ideas 💡
Save the hassle of going through a list of 1500+ stocks and creating a final list of 10-15 stocks also doing fundamental research on the same every single week.
None of the stock ideas are Buy/Sell recommendation as they are no entry or exit prices mentioned.
It is purely for idea generation and prevent mundane screening every week so you can focus on better things.
This series will present you with the best momentum stocks that can be in the traded/ invested from timeframe of few weeks to even couple of months.
Sar Televenture Ltd.
Results will come out 20th May. (Today)
Revenue of 32.46 Cr FY23 vs 61.95 Cr. TTM - 👍
PAT of 3.88 Cr vs 7.49 Cr TTM - 👍
EPS of 59.43 vs 56.4 TTM
Cashflow positive.
Looking at the technical standpoint -
Volumes picking up slowly on Weekly Timeframe.
Showing strength in price.
Omax Autos Ltd
Revenue of 301 Cr FY23 vs 355 Cr. FY24 - 👍
PAT of (24) Cr FY23 vs 12 Cr FY24 - 👍
EPS of (11.38) vs 5.45 - 👍
Cashflow positive.
Looking at the technical standpoint -
Breakout of the resistance
Showing strength in price.
Bedmutha Industries Ltd
Bounced back from major support and trendline and showing good strength.
Revenue of 687 Cr FY23 vs 774 Cr. TTM - 👍
PAT of 13 Cr FY23 vs 18 Cr TTM - 👍
EPS of 4.03 FY23 vs 5.72 TTM - 👍
Cashflow positive.
K E C International Ltd
At the high end of the trendline showing good price action.
Sign of good volumes and building up.
Revenue grows by 12% in Q4 and 15% in FY24
PAT grows by 2x in Q4 and FY24.
EBITD grows by 37% in Q4 and 46% in FY24
They have a order book + L1 of 37,000 Cr.
Dividend of 200%
D-Link India Ltd
Weekly volumes spike up. Huge inflow of volumes.
Good breakout from resistance and supporting volume.
Revenue of 1171 Cr FY23 vs 1227 Cr. FY24 - 👍
PAT of 84 Cr FY23 vs 91 Cr FY24 - 👍
EPS of 23.75 FY23 vs 25.56 FY24 - 👍
Cashflow positive.
G M Breweries Ltd
Weekly volumes spike up. Huge inflow of volumes and continues to recover.
Revenue of 594 Cr FY23 vs 615 Cr. FY24 - 👍
PAT of 100 Cr FY23 vs152 Cr FY24 - 👍
EPS of 54.64 FY23 vs 82.9 FY24 - 👍
Great results and Record date for Bonus Issue on 25th May.
Tantia Constructions Ltd
24th May results will be announced.
Really good and consistent weekly volumes with strength in price
Revenue of 93.86 Cr FY23 vs 72.97 Cr. TTM - 👎
PAT of (2.41) Cr FY23 vs 9.23 Cr TTM - 👍
EPS of (0.84) FY23 vs 3.07 TTM - 👍
Cashflow positive.
Pashupati Cotspin Ltd
Really good and consistent weekly volumes with strength in price
Revenue of 443 Cr FY23 vs 530 Cr. TTM - 👍
PAT of 4 Cr FY23 vs 4 Cr TTM
EPS of 2.69 FY23 vs 2.41 TTM
Balkrishna Industries Ltd.
Resistance breakout with significant volume building up.
Revenue grows by 16% in Q4 and -7% in FY24
PAT grows by 88% in Q4 and 33% in FY24.
EBITDA grows by 42% in Q4 and 14% in FY24
Total Dividend of Rs 16 per Equity Share.
Alembic Ltd.
Weekly volumes spike up. Huge inflow of volumes.
Good rejection from the trendline and shows strength in price.
Revenue of 127 Cr FY23 vs 157 Cr. FY24 - 👍
PAT of 191 Cr FY23 vs 269 Cr FY24 - 👍
EPS of 7.42 FY23 vs 10.46 FY24 - 👍
Esab India Ltd
Good strength in price on weekly supported by Volumes. Also moving towards the top of the channel.
23rd May results would be announced.
Revenue of 1091 Cr FY23 vs 1204 Cr. TTM - 👍
PAT of 136 Cr FY23 vs 161 Cr TTM - 👍
EPS of 84.14 FY23 vs 104.32 TTM - 👍
Affle India Ltd
Trading within the range and inching up to the top of the range with good strength in price and volumes.
24th May results would be announced.
Revenue of 1434 Cr FY23 vs 1692 Cr. TTM - 👍
PAT of 245 Cr FY23 vs 272 Cr TTM - 👍
EPS of 18.36 FY23 vs 20.14 TTM - 👍
Associated Alcohols & Breweries Ltd
Weekly volumes remain high. Strength in price supported with huge inflow of volumes.
Obeying the trendline well.
Revenue grows by 31% in Q4 and 8% in FY24 - 👍
PAT grows by 25% with Margin 5% in Q4 and 22% with margin of 7% in FY24. - 👍
EPS stands at 6.78 in Q4 and 28 in FY24. - 👍
DISCLAIMER : Please note the above is not a Buy/Sell recommendation, it is purely for just knowledge purposes and understanding Technical analysis and the behavior of the market. This newsletter is by no means is to give you calls or recommendations of any kind. Please learn from the above analysis and don’t copy trade. We are not SEBI registered nor a financial advisor. Thank you. 
Set of 13 Stock Ideas 💡 given last week on 13th May 2024 performance have been good in the span of 1 week.
Will be updating weekly on the performance of the stocks given in the previous week and prior to that.
If you enjoyed reading this, learnt something and have any feedback or insights, please share by leaving a comment below 👇
Thank you for reading and keep learning.
Cheers,
Arjun.
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