Hiten Daxini

Nifty and bank nifty Levels

We Also provide portfolio management services along with calls in all segments for traders .
Follow us on our Instagram and YouTube page to gain more profitable trades .

Join our new launched what app community and telegram channel to make your trading and investment more profitable

https://chat.whatsapp.com/EAUPyhOZn1r3REqQN7aCXr

https://t.me/financewithhitendaxini

Nifty and bank nifty Levels

Stock of the day Gujarat gas , also enroll your allotment in our advisory product in equity cash and derivatives segment to make your portfolio more profitable.
We provide portfolio management services along with calls in all segments for traders .
Follow us on our Instagram and YouTube page to gain more profitable trades .

Join our new launched what app community and telegram channel to make your trading and investment more profitable

https://chat.whatsapp.com/EAUPyhOZn1r3REqQN7aCXr

https://t.me/financewithhitendaxini

Profitale Trading Solutions

If you want to be a profitable trader or investor , follow these basic steps and be consistent in it to get consistent returns in stock market.

Wishing all investors and traders a season of bullish trends, profitable trades, and steady portfolios. May your returns be high, and your risk management strategies unwavering. Merry Christmas and a prosperous New Year


🎄🎅🎁 #

Join our advisory product to make your portfolio more profitable and also we provide portfolio management services and also help in creating portfolios in all asset classes.

Join our premium subscription services to make your trading and portfolio more profitable and to have consistent returns.

INVESTMENT OPPORTUNITY ALERT

INVEST IN THIS STOCKS AS THIS ARE THE COMPANIES WHO PLAYED AN IMPORTANT ROLE IN CHANDRAYAAN 3

ALSO THIS COMPANIES WILL BE PART OF FUTURE ISRO PROJECTS AND WILL HAVE MAJOR ROLE IN THAT PROJECTS TOO

ALL THIS COMPANIES ARE WELL ESTABLISHED COMPANIES AND ARE SECTOR LEADERS OF THEIR SECTOR

The Graham Number is a financia

The Graham Number is a financial metric used to evaluate the fundamental value of a company's stock. It was devised by Benjamin Graham, a renowned economist and value investor, and is an extension of his value investing principles.

The Graham Number is calculated using two key financial ratios: the company's earnings per share (EPS) and its book value per share (BVPS). The formula for the Graham Number is as follows:

Graham Number = √(22.5 * EPS * BVPS)

Here's a breakdown of the components:

Earnings Per Share (EPS): This is the company's net earnings divided by the total number of outstanding shares. It indicates the profitability of the company on a per-share basis.

Book Value Per Share (BVPS): Also known as the tangible book value per share, it represents the company's net assets (total assets minus intangible assets and liabilities) divided by the total number of outstanding shares. BVPS provides insight into the intrinsic value of the company's assets.

The Graham Number is designed to provide investors with a quick way to estimate whether a stock is undervalued or overvalued based on these fundamental metrics. The number 22.5 in the formula is a multiplier that Graham suggested as a reasonable price-to-earnings (P/E) ratio for a value stock.

If the current market price of a stock is significantly lower than its calculated Graham Number, it might indicate that the stock is undervalued and potentially a good investment opportunity according to Graham's value investing principles.

However, it's important to note that the Graham Number is a simplified valuation metric and should not be the sole factor in making investment decisions. Investors should conduct thorough research, consider other relevant factors, and consult with financial professionals before making investment choices. Additionally, the investment landscape has evolved since Graham's time, and modern investors often use more comprehensive valuation methods and tools to assess stocks' intrinsic value

Elements for Trading Plan

This is trading plan will help you achieve consistency in trading with good results in every trade if applied with proper accuracy and discipline.

Follow

For More Posts
PVR Q1 : NET LOSS AT 82 CR V 330 CR LOSS (QOQ)

REVENUE AT 1305 CR V 1143 CR

EBITDA AT 354 CR V 263 CR (QOQ)

MARGINS AT 27 % V 23.1 %

Follow For More Posts
The board of directors of Berger Paints Ltd will con sider and approve bonus shares for its shareholders in its meeting scheduled on 9th August 2023. The Kolkata-headquartered company informed Indian stock market bourses that its board will consider and approve the bonus share proposal while discussing its Q1 results 2023. Hence, Berger Paints shareholders are suggested to wait for declaration of Berger Paints bonus shares along with Q1 results for the financial year 2023-24.


2m

Follow For More Posts.JBM AUTO Q1 :CONS NET PROFIT UP 16 % AT 30 CR (YOY), UP 7 % (QOQ)

REVENUE UP 9.4 % AT 946 CR (YOY) ,DOWN 6 % (QOQ)

EBITDA UP 38 % AT 116 CR (YOY),UP 7%(QOQ)

MARGINS AT 12.3 % V 9.75 % (YOY), 10.7 % (QOQ)

Follow for more such updates

The standalone net profit of GAIL (India) for the first quarter of the current financial year (Q1YFY24) saw a fall of 51.56 per cent to Rs 1,412 crore, compared to Rs 2 915,19 crore for the corresponding quarter of the previous year, the company said in a BSE filing.

Sequentially, the net profit was up 133.9 per cent. In Q4FY23, the net profit of the company was Rs 603.52 crore.

The revenue from operations for Q1FY24 came in at Rs 32,227.47 crore, compared to Rs 37,572.14 crore year-on-year (YoY). This is a fall of 14.22 per cent.

On a quarter-on-quarter (QoQ) basis, the revenue for operations was down 1.91 per cent. It was Rs 32,858.20 crore in Q4FY23.

The total income for Q1FY24 came in at Rs 32,495.07 crore, compared to Rs 37,751.91 crore YoY. This is a fall of 13.92 per cent.

On a QoQ basis, the total income was down 4.07 per cent. It was Rs 33,875.39 crore in Q4FY23.

Follow for more such updates

Automaker Maruti Suzuki India's net profit for the quarter ended June 2023 on Monday surged more than 2-fold year-on-year (YoY) to Rs 2,485 crore, and was slightly higher than the ET Now Poll of Rs 2,444 crore.

The revenue from operations rose 22% on year to Rs 32,327 crore and was higher than the estimated Rs 31,778 crore.
The country’s largest automaker sold 498,030 units during the quarter, which was 6.4% higher than the year-ago period. Sales in the domestic market rose 9% on year to 4,34,812 units, while exports declined 9% on year to 63,218 units.

“Shortage of electronic components in the quarter resulted in over 28,000 vehicles not being produced,” the company said in a release.

The pending customer orders stood at about 3,55,000 vehicles at the end of the quarter, and the company is making eff ..

Follow For More PostsAdani Green Q1

-Net profit up 51% at ₹323 cr vs ₹214 cr (YoY)

-Revenue up 33% at ₹2,176 cr vs ₹1,635 cr (YoY)

-EBITDA at ₹2,081 cr vs ₹948 cr (YoY)

-EBITDA margin at 95.6% vs 58% (YoY)

Axis Bank reported a standalone net profit of Rs 5,797.10 crore for the quarter ended June 2023, up 40% year-on-year (YoY) over Rs 4,125.26 crore profit reported by the company in the corresponding period of the last financial year.

The bank’s net interest income (NII) grew 27% YoY and 2% QoQ to Rs 11,959 crore. Net interest margin (NIM) for Q1FY24 stood at 4.10%, up 50 bps YoY.

The interest earned during the reporting quarter stood at Rs 25,556.77 crore which was 36% higher from Rs 18,728.65 crore in the corresponding quarter of the previous financial year.

The interest expended for the reporting quarter stood at Rs 13,598 crore which was up by over 45% YoY from Rs 9,344.64 crore the company paid in the corre ..
14m

Pharmaceutical major Cipla reported a 45% year-on-year (YoY) growth in consolidated net profit for the June 2023 quarter to Rs 996 crore. The total revenue from operations grew by nearly 18% to Rs 6,329 crore.

Both the bottomline and the topline were higher than an ET Now poll of Rs 806 crore and Rs 6,040 crore, respectively.

Bajaj Finance Ltd on Wednesday reported a 32.4% year-on-year (YoY) rise in consolidated net profit for the quarter ended June to Rs 3,437 crore, beating an ET Now poll of Rs 3,301 crore.

Total revenue from operations grew nearly 35% on year to Rs 12,498 crore. Net interest income for the quarter increased by 26% on year to Rs 8,398 crore.

IT services company Tech Mahindra on Wednesday reported a consolidated net profit of Rs 693 crore for the quarter ended June 2023, down about 39% from a year ago. The company had posted a net profit of Rs 1,131 crore in the last year period.

The profit missed ET Now poll estimate of Rs 1,110 crore by a wide margin.

State-owned BPCL on Wednesday reported a consolidated net profit of Rs 10,644 crore in the first quarter, as against a loss of Rs 6,148 crore in the year-ago period.

Consolidated revenue from operations fell 7% to Rs 1.28 lakh crore in the reporting quarter. The same stood at 1.38 lakh crore in the same quarter of last year.

On a standalone basis, the net profit came in at Rs 10,550 crore for the June quarter, while revenue was at Rs 1.28 lakh crore, both above the ET Now Poll estimates.

The reported consolidated net profit is 55% higher when compared with Rs 6,870 crore clocked in the preceding March quarter. Revenues, however, dropped 4% quarter-on-quarter.

Total expenses during the reporting quarter fell 22% to Rs 1.14 lakh crore, as against Rs 1.46 lakh crore in the corresponding quarter of last year..

Follow For More Posts

Follow For More Posts
L&T Q1 : CONS NET PROFIT UP 46 % AT 2493 CR (YOY ) , DOWN 37 % (QOQ)

REVENUE UP 33 % AT 47,882 CR (YOY) ,DOWN 18 % (QOQ)

EBITDA UP 23 % AT 4868CR (YOY),DOWN 29 %(QOQ)

MARGINS AT 10.15 % V 11 % (YOY), 11.7 % (QOQ)

Record date For Dividend- 2 Aug

Follow For More Posts
Delta Corp reports earnings

- Net profit up 18.9% at Rs 67.9 cr vs Rs 57 cr (YoY)

- Revenue up 9% at Rs 272.8 cr vs Rs 250.3 cr (YoY)

- EBITDA up 9.5% at Rs 95.8 cr vs Rs 87.5 cr (YoY)

- Margin at 35.1% vs 35% (YoY)

Follow For More PostsTATA MOTORS Q1 ; NET PROFIT AT 3202 CR V 5006 CR LOSS (YOY) , Up 5 %(QOQ)

REVENUE UP 42 % AT 1.02 LKH CR (YOY), DOWN 3 % (Q0Q)

EBITDA UP 314 % AT 13,218 CR (YOY), UP 0.7 % (QOQ)

MARGINS AT 13 % V 4.4 % (YOY), 12.5 % (QOQ)

Follow for more such post

Jubilant Foodworks Ltd. on July 25 reported net profit at Rs 75.2 crore for the June quarter of FY24, registering a decline of 25.5 percent from Rs 101 crore in the same quarter of the previous financial year.

The total revenue from Operations of Rs. 13,09.7 crore increasing 5.6 percent versus the prior year. The growth was driven by Domino’s delivery channel sales which increased by 8.4 percent.

Earnings before interest, tax, depreciation and amortization (EBITDA) came in at Rs. 2,764 million and EBITDA margin was 21.1%, higher by 97 bps sequentially.

Follow for more such posts

Asian Paints on July 25 reported consolidated net profit at Rs 1,574.84 crore for the June quarter of FY24, registering a growth of 52 percent from Rs 1,036.03 crore in the same quarter of the previous financial year.

The company reported a 24 percent rise in profit from Rs 1,268.41 crore in the previous quarter.

Total revenue of the company is Rs 9,182.31 crore, rising 6.68 percent from Rs 8,606.94 crore in the year-ago quarter, the FMCG major said in a regulatory filing. The revenue increased 4.49 percent from Rs 8,787.34 crore in the previous quarter.

PBDIT [Profit before depreciation, interest, tax, other income, and exceptional items] (before share in profit of associates) increased by 36.3 percent to Rs 2,121.3 crore from Rs 1,556.0 crore.

Follow For More Posts

Jefferies says Believe Some Investors may have preferred a vertical split - 100 % Direct

Not a precursor to other biz going the same way

See a case for ITC to levy a brand royalty to the hotel biz

There could be potentially be some supply pressure from existing shareholders in case of ITC HOTEL - ETNOW

Follow For More PostsNET PROFIT DOWN 93 % AT 524 CR (YOY) , DOWN 66 % (QOQ)

REVENUE DOWN 6 % AT 59,489 CR (YOY) ,DOWN 5.5 % (QOQ)

EBITDA DOWN 65 % AT 5173 CR (YOY),DOWN 28 %(QOQ)

MARGINS AT 8.7 % V 23.7 % (YOY),11.45 % (QOQ)