Stock Ideas 💡 - 9th July 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.
Optiemus Infracom Ltd
Revenue of 1174 Cr FY23 vs 1528 Cr. FY24 - 👍
PAT of 42 Cr FY23 vs 57 Cr FY24 - 👍
EPS of 4.88 FY23 vs 6.61 FY24 - 👍
Looking at the technical standpoint -
Been in a range for couple of years and now in the upper band near All time high.
Suven Pharmaceuticals Ltd
Revenue of 14 Cr FY23 vs 12 Cr. FY24 - 👎
PAT of (118) Cr FY23 vs (105) Cr FY24 - 👍
EPS of (5.42) FY23 vs (4.82) FY24 - 👍
Looking at the technical standpoint -
At all time high with good volume build up.
Kotak Mahindra Bank Ltd
Breakout from downward channel with good volumes.
Revenue of 42151 Cr FY23 vs 56237 Cr. FY24 - 👍
PAT of 14925 Cr FY23 vs 18213 Cr FY24 - 👍
EPS of 75.13 FY23 vs 91.62 FY24 - 👍
Phantom Digital Effects Ltd
Very close to all time high price and also volume supporting price.
Revenue of 58 Cr FY23 vs 89 Cr. FY24 - 👍
PAT of 16 Cr FY23 vs 24 Cr FY24 - 👍
EPS of 13.92 FY23 vs 17.76 FY24 - 👍
Go Digit General Insurance Ltd
Price is following the upward channel.
Revenue of 5885 Cr FY23 vs 8147 Cr. FY24 - 👍
PAT of 36 Cr FY23 vs 182 Cr FY24 - 👍
EPS of 0.41 FY23 vs 2.08 FY24 - 👍
Kothari Products Ltd
Price was following the upward channel perfectly and now closed above the middle line with very good volumes.
Revenue of 1387 Cr FY23 vs 996 Cr. FY24 - 👎
PAT of 5 Cr FY23 vs 32 Cr FY24 - 👍
EPS of 1.74 FY23 vs 10.87 FY24 - 👍
Atul Ltd
Good breakout from the previous small consolidation and with good volumes.
Revenue of 5428 Cr FY23 vs 4726 Cr. FY24 - 👎
PAT of 22 Cr FY23 vs 98 Cr FY24 - 👍
EPS of 5.75 FY23 vs 25.03 FY24 - 👍
Mangalam Global Enterprise Ltd
Price continues to range within the range and all time high volumes.
Revenue of 1424 Cr FY23 vs 1839 Cr. FY24 - 👍
PAT of 13 Cr FY23 vs 20 Cr FY24 - 👍
EPS of 0.80 FY23 vs 1.23 FY24 - 👍
Shree Pushkar Chemicals & Fertilizers Ltd
High volumes with good breakout from a long consolidation.
Revenue of 684 Cr FY23 vs 726 Cr. FY24 - 👍
PAT of 37 Cr FY23 vs 37 Cr FY24 - 👍
EPS of 11.77 FY23 vs 11.72 FY24 - 👍
IITL Projects Ltd
Start of an upward move bouncing from the trendline and heading towards All time high.
Revenue of 1 Cr FY23 vs 5 Cr. FY24 - 👍
PAT of (3) Cr FY23 vs 23 Cr FY24 - 👍
EPS of (5.99) FY23 vs 45.1 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 Stock Ideas 💡 given last few weeks on 10th June 2024, 18th June 2024, 25th June 2024 & 1st July 2024 performance have been good in the span of 4 weeks.
Will only keep a record of how it performs on 4 weeks basis.
Great performance by most of the stocks given in the last 4 weeks.
Top gainers being TGL (62.31%+) & Digispice (31.85%+)
Top losers being ITDCEM (-13%) & DRCSYSTEMS (-9.71%)
This is how you can take ideas presented to you, learn how you can mix fundamentals and technical analysis, shortlist and make your own bias.
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.
Disclaimer : Content shared on or through this article is for information and education purposes only and should not be treated as investment or trading advice. The analysis and insights presented are based on publicly available information, and while efforts have been made to ensure accuracy, we cannot guarantee the completeness or reliability of the information.
Please do your own analysis or take consultation with a qualified financial advisor before making any investments based on your own personal circumstances.
Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
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