News

IPO NOTE : Jupiter Life Line Hospitals Ltd By Ventura Ltd Bolstering presence in the Western region through expansion Jupiter Life Line Hospitals Limited (JLHL) was established on November 18, 2002. JLHL is a prominent multi-specialty tertiary and quaternary healthcare provider in the Mumbai Metropolitan Area (MMR) and the western region of India. As of March 31, 2023, they manage three hospitals under the "Jupiter" brand located in Thane, Pune, and Indore, with a combined bed capacity of 1,194 hospital beds. As of March 31, 2023, they ...
IPO NOTE : Jupiter Life Line Hospitals Ltd By Ventura Ltd
IPO NOTE : Jupiter Life Line Hospitals Ltd By Ventura Ltd
Source: PR Agency
6/09/2023 12:04:48 PM
Daily Pointer : The rupee gained 14 paise to close at 81.94 (provisional) against the US dollar on Thursday By Ventura Securities Ltd Commentary The rupee gained 14 paise to close at 81.94 (provisional) against the US dollar on Thursday, as domestic equity benchmarks scaling all-time high levels and weakness in the American currency overseas boosted investor sentiments. Besides, steady foreign fund inflows into domestic capital markets also supported the local unit, forex At the interbank foreign exchange market, the local unit opened at 82.05 against the US dollar and settled 12 paise higher at 81.96 (provisional) ag...
Daily Pointer : The rupee gained 14 paise to close at 81.94 (provisional) against the US dollar on Thursday By Ventura Securities Ltd
Daily Pointer : The rupee gained 14 paise to close at 81.94 (provisional) against the US dollar on Thursday By Ventura Securities Ltd
Source: Ventura Securities Ltd
21/07/2023 11:37:24 AM
Daily Pointer : Nifty may go up to 20046 & above that 20198 levels respectively By Ventura Securities Ltd Nifty Daily Chart  It was mentioned in our yesterday’s outlook that on upper side above 19866, Nifty may go up to 20046 & above that 20198 levels respectively.  And on Thursday after opening at 19831, Nifty has made a low of 19758 & after crossing 19866, as per expectation has continued its upward movement & closed 146 points up near day’s high of 19991 at 19979 level forming bullish candle signaling further up move.  Oscillators – Stochas...
Daily Pointer : Nifty may go up to 20046 & above that 20198 levels respectively By Ventura Securities Ltd
Daily Pointer : Nifty may go up to 20046 & above that 20198 levels respectively By Ventura Securities Ltd
Source: PR Agency
21/07/2023 11:33:06 AM
Netweb Technologies IPO subscribed 9.14 times on Day 2 Initial Public Offering (IPO) of Delhi-NCR-based Netweb Technologies Ltd, country’s leading high-end computing solutions (HCS) provider, with fully integrated design and manufacturing capabilities was subscribed 9.14 times on the second day of bidding. The issue received bids of 8,09,39,130 shares against the offered 88,58,630 equity shares, at a price band of ?475-500, according to the data available on the stock exchanges. Non-Institutional Investors was the most ...
Netweb Technologies IPO subscribed 9.14 times on Day 2
Netweb Technologies IPO subscribed 9.14 times on Day 2
Source: PR Agency
18/07/2023 6:50:25 PM
IPO Notes : Netweb Technologies Limited By Ventura Securities Ltd Netweb Technologies India Ltd (NTL) is one of India’s leading High-end Computing Solutions (HCS) provider, with fully integrated design and manufacturing capabilities. Their HCS offerings comprises (i) high performance computing (Supercomputing / HPC) systems; (ii) private cloud and hyperconverged infrastructure (HCI); (iii) AI systems and enterprise workstations; (iv) high performance storage (HPS / Enterprise Storage System) solutions; (v) data centre servers; and (vi) software and se...
IPO Notes : Netweb Technologies Limited By Ventura Securities Ltd
IPO Notes : Netweb Technologies Limited By Ventura Securities Ltd
Source: PR Agency
17/07/2023 5:23:09 PM
Budget 2023-24 : Budget with Broadbasing Economic Growth Says Ventura Securities The Budget 2023-24 is in continuation of the blueprint drawn for India@100 pushing to fore the theme of “Vasudaiva Kutumbakam” that aims to address global challenges and foster sustainable & inclusive development. The journey during Amrit Kaal envisions a technology and knowledge driven society with strong public finances and a robust financial sector. The Finance Minister, Nirmala Sitharaman has identified 7 priorities – Saptarishi to fulfil the priorities of providi...
Budget 2023-24 : Budget with Broadbasing Economic Growth Says Ventura Securities
Budget 2023-24 : Budget with Broadbasing Economic Growth Says Ventura Securities
Source: Ventura Securities Ltd
2/02/2023 10:30:30 AM
Buy Adani Green Energy Ltd For Target Rs. 3,581 - Ventura Securities Parabolic growth trajectory while significantly de-risked Post our initiating coverage of Dec 21, the Adani Green Energy Ltd (AGEL) stock has run up 68% from our recommended price of INR 1,390. The sharp run has been on account of ramp-up in execution and increasing focus on green energy globally. We believe that AGEL with its locked in growth of 20.4GW, superior execution skills and demonstrated ability to onboard capacities at blazing speed is on track to achieve its tall ambitions of 45...
Buy Adani Green Energy Ltd For Target Rs. 3,581 - Ventura Securities
Buy Adani Green Energy Ltd For Target Rs. 3,581 - Ventura Securities
Source: Ventura Securities Ltd
23/09/2022 2:54:11 PM
Buy Shalby Ltd For Target Rs.160 - Ventura Securities All set for growth Shalby Ltd (Shalby), a leading multi-specialty chain of hospitals, completed its major expansion plan to 10 hospitals (1,962 beds from 1,295 beds) in FY17. However, the slow ramp up and the onset of Covid led to low occupancies and consequently, lower return ratios. Despite the challenging times, Shalby was able to sustain a operating revenue CAGR of 16.6% to INR 699 cr over FY17-22 without compromising on margins (which are best in class). With normalcy returning, we...
Buy Shalby Ltd For Target Rs.160 - Ventura Securities
Buy Shalby Ltd For Target Rs.160 - Ventura Securities
Source: Ventura Securities Ltd
15/09/2022 3:47:34 PM
Buy Black Box Ltd : Unwrapping its true potential - Ventura Securities Buy Black Box Ltd For Target Rs.301 Unwrapping its true potential Black Box Ltd (erstwhile AGC Network Ltd) has built a reputation for acquiring inefficient businesses (with global potential) at frugal valuations, integrating them with their existing operations, scaling them up rapidly while ruthlessly cutting costs to achieve the stated goals on profitability. Today, Black Box has emerged as a serious global systems integration player and vendor of choice for global corporations. We...
Buy Black Box Ltd : Unwrapping its true potential - Ventura Securities
Buy Black Box Ltd : Unwrapping its true potential - Ventura Securities
Source: Ventura Securities Ltd
13/09/2022 2:42:26 PM
Buy Lemon Tree Hotels Ltd For Target Rs.91.6 - Ventura Securities Ltd Sweet lemonade for your portfolio Lemon Tree Hotels Ltd (LTHL) is India’s largest mid-market hotel chain and the third largest overall, based on controlling interest in owned and leased rooms. LTHL currently operates ~8,500 rooms in 87 hotels across 54 destinations, in India and South Asia. The company has well-diversified offerings which include - • Aurika (upscale) – 2 Hotels; 1994 Rooms • LT Premier & Keys Prima (upper midscale) – 19 Hotels; 2554 Ro...
Buy Lemon Tree Hotels Ltd For Target Rs.91.6 - Ventura Securities Ltd
Buy Lemon Tree Hotels Ltd For Target Rs.91.6 - Ventura Securities Ltd
Source: Ventura Securities Ltd
2/09/2022 3:21:26 PM
Buy Bank of Maharashtra Ltd For Target Rs.25 - Ventura Securities Asset quality issue, a thing of the past   Bank of Maharashtra (BOM) is a PSU which is currently 90% owned by government. In the recent past, BOM had to undertake several course corrections in its lending strategy as it navigated multiple disruptions (such as demonetization, GST, IL&FS crisis & now Covid) which were hurdles to growth and asset quality. However, we believe that BOM has finally found the right lending mix with 60% of its book targeted towards Rural, Agricultu...
Buy Bank of Maharashtra Ltd For Target Rs.25 - Ventura Securities
Buy Bank of Maharashtra Ltd For Target Rs.25 - Ventura Securities
Source: Ventura Securities Ltd
12/08/2022 12:08:00 PM
Buy HFCL Ltd For Target Rs.86 - Ventura Securities 5G, Defence and Railways…All set for the next leg of growth We interacted with the management of HFCL to understand the company’s growth prospects and future outlook. A number of bullish factors have come together which ensures bright prospects for HFCL in the long term. We remain optimistic about the company’s future performance due to: • 5G rollout in metros, 4G expansion in remote areas, FTTH/broadband penetration and BharatNet are expected to be an INR 3.0 la...
Buy HFCL Ltd For Target Rs.86 - Ventura Securities
Buy HFCL Ltd For Target Rs.86 - Ventura Securities
Source: Ventura Securities Ltd
13/07/2022 11:47:40 AM
Buy Adani Enterprise Ltd For Target Rs. 2,821 - Ventura Securities A goose that lays golden eggs On 9th Dec 2021, we initiated coverage on the listed business units of Adani Group which included Adani Enterprises Ltd (AEL). Post our coverage, AEL has undertaken several initiatives that warrant detailed coverage. Through Adani New Industries Ltd (ANIL), the group’s recent incubator in the production of renewable energy, green H2 and downstream products (ammonia, urea & methanol), AEL will emerge as the world’s primary leader in the green H2...
Buy Adani Enterprise Ltd For Target Rs. 2,821 - Ventura Securities
Buy Adani Enterprise Ltd For Target Rs. 2,821 - Ventura Securities
Source: Ventura Securities Ltd
11/07/2022 3:18:39 PM
Buy ITC Ltd For Target Rs. 350 - Ventura Securities The giant awakens Although ITC Ltd. has been a stark underperformer over the last few years, we believe that this is set to change. Having achieved critical scale, the FMCG business which has been dragging profitability is expected to witness robust growth (16% CAGR to INR 22,729 cr) with improving margins (+290 bps to 8.6%). Increasing migration towards sustainable packaging and revenge travel post pandemic should help bolster revenue growth and profitability of both verticals. With buoya...
Buy ITC Ltd For Target Rs. 350 - Ventura Securities
Buy ITC Ltd For Target Rs. 350 - Ventura Securities
Source: Ventura Securities Ltd
23/06/2022 11:27:17 AM
Buy Axis Bank Ltd For Target Rs.901.1 - Ventura Securities Plugging the portfolio gaps while scaling up Post-acquisition of Citi’s consumer business and a stake in Max life, Axis Bank (Axis) is now gearing to scale up its business operations by filing the gap in its portfolio, given that most of the asset quality issues are now behind it and its provision coverage ratio (FY22 at >70%) has already been shored up. We initiate coverage on Axis with a BUY, with a PT of INR 901.1 (based on SoTP valuation) over a period of 24 months. Our con...
Buy Axis Bank Ltd For Target Rs.901.1 - Ventura Securities
Buy Axis Bank Ltd For Target Rs.901.1 - Ventura Securities
Source: Ventura Securities Ltd
23/06/2022 11:18:22 AM
Buy HBL Power Systems, Rana Sugars shares, recommends Ventura Securities Stock broking firm Ventura Securities has given a "buy" call for HBL Power Systems and Rana Sugars shares. For HBL Power Systems, the target price is kept at Rs 100-135 with a stop loss of Rs 57, against its current market price of Rs 84. Key indicators suggest a possibility of strong up move on positive side, it said. For Rana Sugars, it pegged target at Rs 75 with a stop loss of Rs 30, against its current share price of Rs 40.6. "The stock price started its upward...
Buy HBL Power Systems, Rana Sugars shares, recommends Ventura Securities
Buy HBL Power Systems, Rana Sugars shares, recommends Ventura Securities
Source: IANS
25/04/2022 5:37:39 PM
Ventura Securities recommends Kirloskar Ferrous Industries The improving demand scenario in the capital goods industry, as well as an increase in infrastructure activities and development of industrial corridors, is expected to kick off a new growth cycle for Kirloskar Ferrous Industries, said brokerage house Ventura Securities. Incorporated in 1991, Kirloskar Ferrous is one of the leading domestic manufacturers of foundry-grade pig iron and ferrous castings. The company supplies its products to the automotive (PVs, CVs and tractors) and capital g...
Ventura Securities recommends Kirloskar Ferrous Industries
Ventura Securities recommends Kirloskar Ferrous Industries
Source: IANS
22/03/2022 9:12:21 AM
Clear growth orientation while ushering in digital economy - Ventura Securities Clear growth orientation while ushering in digital economy The architecture of the Union Budget 2022-23 is on continuum of previous policies of the Modi Government, as laid out in the budgets of yesteryears. The Finance Minister, N Sitharaman’s speech was silent on the aspect of sin tax on tobacco products and personal taxation, while taxing crypto & NFT assets at 30% and clearly distinguishing this asset class from being a currency. She also used the forum to propose India&rsquo...
Clear growth orientation while ushering in digital economy - Ventura Securities
Clear growth orientation while ushering in digital economy - Ventura Securities
Source: Ventura Securities Ltd
2/02/2022 10:16:19 AM
Buy Salzer Electronics Ltd For Target Rs.388 - Ventura Securities Switching gears for momentous growth Salzer Electronics Ltd (SALZER) is a proxy play on the burgeoning demand given the strong outlook for electricity generation and related infrastructure development. The demand for electrical components and switchgears is bound to rise due to the replacement of low KVA transmission lines with high KVA lines, electrification of railways, development of industrial corridors, Metro Rail projects and SMART City development SALZER is the largest manufactur...
Buy Salzer Electronics Ltd For Target Rs.388 - Ventura Securities
Buy Salzer Electronics Ltd For Target Rs.388 - Ventura Securities
Source: Ventura Securities Ltd
8/01/2022 9:53:29 AM
Buy Prataap Snacks Ltd For Target Rs.1,515 - Ventura Securities Crispy delight for your portfolio Selling nearly 11 million packets every day, Prataap Snacks Ltd (PSL) is one of India’s leading snacks food manufacturers and distributors. It operates out of 7 owned and 8 contract manufacturing facilities serving over 1.7 million retail touch points in 31 states and UTs across India. Its wide range of products are offered in 100+ SKUs across categories of Potato Chips, Extruded Snacks, Namkeen (traditional Indian snacks) under the Yellow Diamond an...
Buy Prataap Snacks Ltd For Target Rs.1,515 - Ventura Securities
Buy Prataap Snacks Ltd For Target Rs.1,515 - Ventura Securities
Source: Ventura Securites Ltd
7/01/2022 3:31:47 PM
Buy Indostar Capital Finance Ltd For Target Rs.484 - Ventura Securities Pearl in an oyster Indostar Capital Finance Ltd (ICFL) commenced lending operations in 2011 & became a public listed entity in May, 2018. In the recent past, ICFL had to undertake several course corrections in its business plans as it navigated multiple disruptions (such as demonetization, GST, IL&FS crisis & now COVID) which were hurdles to growth and asset quality. However, with a new leadership team under Mr. R Sridhar (ex Shriram Transport) & deep pocketed Brookfield no...
Buy Indostar Capital Finance Ltd For Target Rs.484 - Ventura Securities
Buy Indostar Capital Finance Ltd For Target Rs.484 - Ventura Securities
Source: Ventura Securities Ltd
19/11/2021 4:05:44 PM
Buy Burger King India Ltd For Target Rs.252 - Ventura Securities BK Cafes and Store Expansions to stir growth Burger King India Ltd is a QSR company which came into being on November 11th 2013. The brand has an international presence across 100 countries with more than 18,500 outlets. It is held by QSR Asia Holdings which has a 94% stake in the company. In India they currently have 261 restaurants operating in 6 clusters within the country and are winning consumers by tailoring their offerings, pricings and promotions according to Indian tastes and pref...
Buy Burger King India Ltd For Target Rs.252 - Ventura Securities
Buy Burger King India Ltd For Target Rs.252 - Ventura Securities
Source: Ventura Securites Ltd
5/11/2021 12:41:14 PM
Buy Devyani International Ltd : Growth through expansion - Ventura Securities Buy Devyani International Ltd For Target Rs.166 Growth through expansion Devyani International Ltd (DIL) is among the largest QSR chains having franchises of KFC, Pizza Hut, Taco Bell and Costa Coffee. It also has its own brands including Vaango, The Food Street, Ile Bar, AMRELI and Ckrussh Juice Bar among others. The service offerings are through 759 stores across 177 Indian cities and 44 stores across Nigeria and Nepal. DIL is in a rapid expansion mode of setting up ~200+ stor...
Buy Devyani International Ltd : Growth through expansion - Ventura Securities
Buy Devyani International Ltd : Growth through expansion - Ventura Securities
Source: Ventura Securites Ltd
5/11/2021 10:51:13 AM
Buy Manorama Industries Ltd For Target Rs. 2,074 - Ventura Securities Butter your investment with ‘Manorama’ Manorama Industries Ltd (MIL) is the sole manufacturer of several value-added tailor-made products that form the ingredients (Shea oil, Sal oil, Mango Fats, Kokum butter & Mowrah fat) of Cocoa Butter Equivalents (CBE). CBE is a cheaper alternative to Cocoa Butter (CB), which improves the taste, solidity and texture of the chocolate. MIL is one amongst the seven producers of CBE globally. The current capacities of 15,000 MTPA are bei...
Buy Manorama Industries Ltd For Target Rs. 2,074 - Ventura Securities
Buy Manorama Industries Ltd For Target Rs. 2,074 - Ventura Securities
Source: Ventura Securities Ltd
3/11/2021 4:24:21 PM
Buy MCX Silver Dec In The Range Of 65000 To 65500 For The Target Of 66500/68000 With Stop Loss Below 64000 - Ventura Securities SILVER:- After long consolidation phase, MCX SILVER prices have managed to close above the key moving averages on daily chart. Prices are now trading above the 100 EMA level on daily chart on closing basis which is now seen near 64300 level. It will act as immediate support for the prices. On the upside, MCX SILVER prices will face resistance at 66300 level, breaking above which prices are likely to head towards 70000 level in coming sessions. BUY MCX SILVER DEC IN THE RANGE OF 65000 T...
Buy MCX Silver Dec In The Range Of 65000 To 65500 For The Target Of 66500/68000 With Stop Loss Below 64000 - Ventura Securities
Buy MCX Silver Dec In The Range Of 65000 To 65500 For The Target Of 66500/68000 With Stop Loss Below 64000 - Ventura Securities
Source: Ventura Securities Ltd
25/10/2021 11:36:38 AM
Buy Associated Alcohols and Breweries Ltd For Target Rs.870 - Ventura Securities Expansion driven growth to enable earnings acceleration Associated Alcohols & Breweries Ltd (AABL) is one of the most undervalued stocks in the listed alcohol beverage industry. Its 5-year revenue CAGR of 9.5%, net earnings CAGR of 32.3% & FCFF CAGR of 31.8% CAGR notwithstanding the pandemic has been nothing but spectacular. This, coupled with its prudent capital allocation, has resulted in the RoIC expanding to an enviable 41.2% (+1,705 bps since FY16). We expect the momentum to g...
Buy Associated Alcohols and Breweries Ltd For Target Rs.870 - Ventura Securities
Buy Associated Alcohols and Breweries Ltd For Target Rs.870 - Ventura Securities
Source: Ventura Securities Ltd
29/09/2021 3:19:34 PM
Weekly Commodity Trading Recommendations By NS Ramaswamy, Ventura Securities GOLD:- After hovering near the 100 EMA level for multiple trading sessions, MCX GOLD prices have finally broken below the key support levels on daily chart. We may expect prices heading towards 45000 level in coming sessions. SELL MCX GOLD DEC IN THE RANGE OF 46100 TO 46300 FOR THE TARGET OF 45000/44500 WITH STOP LOSS ABOVE 47300.       CRUDEOIL:- After taking support at 20 MA level on daily chart, MCX CRUDEOIL prices are set to head towards new high...
Weekly Commodity Trading Recommendations By NS Ramaswamy, Ventura Securities
Weekly Commodity Trading Recommendations By NS Ramaswamy, Ventura Securities
Source: Ventura Securities Ltd
25/09/2021 11:02:31 AM
Sell MCX Gold Oct In The Range OF 46200 TO 46500 For The Target OF 45000/44500 With Stop Loss Above 47300 - Ventura Securities GOLD:- After hovering near the 100 EMA level for multiple trading sessions, MCX GOLD prices have finally broken below the key support levels on daily chart. We may expect prices heading towards 45000 level in coming sessions. SELL MCX GOLD OCT IN THE RANGE OF 46200 TO 46500 FOR THE TARGET OF 45000/44500 WITH STOP LOSS ABOVE 47300. CRUDEOIL:- MCX CRUDEOIL prices are now trading well above the 20 MA level on weekly chart. The RSI indicator is also showing strength in the momentu...
Sell MCX Gold Oct In The Range OF 46200 TO 46500 For The Target OF 45000/44500 With Stop Loss Above 47300 - Ventura Securities
Sell MCX Gold Oct In The Range OF 46200 TO 46500 For The Target OF 45000/44500 With Stop Loss Above 47300 - Ventura Securities
Source: Ventura Securities Ltd
21/09/2021 2:56:43 PM
Buy TCPL Packaging Ltd For Target Rs.961 - Ventura Securities Environment Friendly Growth TCPL Packaging Ltd (TCPL) prides itself on itstrack record of consistent growth (17.7%) over the last 15 years. It is also one among the 105 listed companies out of over 6000 that have shown growth every year for the last 10 years. Today TCPL is one of India’s largest manufacturers of folding cartons and standalone converter of paperboards. It is also a preferred sustainable packaging solutions provider having marquee clients across industries. Amidst the ...
Buy TCPL Packaging Ltd For Target Rs.961 - Ventura Securities
Buy TCPL Packaging Ltd For Target Rs.961 - Ventura Securities
Source: Ventura Securities Ltd
16/09/2021 12:30:24 PM
IPO Note - Vijaya Diagnostic Centre Ltd By Ventura Securities Vijaya Diagnostic Centre Ltd (VDCL), established in 2002, is one of the fastest-growing diagnostic chains of Southern India (Andhra Pradesh and Telangana). VDCL has a strong brand recall in the South Indian diagnostic market, offering one stop, high quality affordable diagnostic services to consumers. VDCL offers pathology (740 routine tests, 870 specialized tests and 220 basic tests) and 320 advanced radiology tests across its 81 centers. The company sources over 93% of its revenue from i...
IPO Note - Vijaya Diagnostic Centre Ltd By Ventura Securities
IPO Note - Vijaya Diagnostic Centre Ltd By Ventura Securities
Source: Ventura Securities Ltd
2/09/2021 10:51:46 AM
IPO Note - Ami Organics Ltd By Ventura Securities Ami Organics Ltd (AOL), established in 2004, is one of the leading pharmaceutical companies manufacturing different types of Advanced Pharmaceutical Intermediates, Active Pharmaceutical ingredients (API) for New Chemical Entities (NCE), KSM, agrochemicals and fine chemicals. As of 31st Mar 2021, the company has developed over 450 pharma intermediates across 17 key therapeutic areas i.e. anti-retroviral, antiinflammatory, anti-psychotic, anti-cancer, anti-Parkinson, anti-depressant, and anti-c...
IPO Note - Ami Organics Ltd By Ventura Securities
IPO Note - Ami Organics Ltd By Ventura Securities
Source: Ventura Securities Ltd
2/09/2021 10:48:00 AM
Weekly Commodity Recommendations By NS Ramaswamy, Ventura Securities GOLD:- From last few weeks, MCX GOLD prices are facing resistance at 20 moving average on weekly chat. Also prices have not been able to cross the 100 EMA level on daily chart on closing basis which is placed near 47600 level. On the downside, key support level is seen at 46800 level breaking below which we may see prices heading lower towards 46000 level in coming sessions. SELL MCX GOLD OCT BELOW 46800 FOR THE TARGET OF 46000/45500 WITH STOP LOSS ABOVE 47500.   CRUDEO...
Weekly Commodity Recommendations By NS Ramaswamy, Ventura Securities
Weekly Commodity Recommendations By NS Ramaswamy, Ventura Securities
Source: Ventura Securities Ltd
28/08/2021 5:22:07 PM
Sell MCX Silver Sep in the range of 62500 to 63000 for the target of 60000/58000 with stop loss above 64500 - Ventura Securities SILVER:- As per our last week’s view, MCX SILVER prices traded with a negative bias. Prices recorded the low of 61536 for the week. Further also prices are likely to trade with negative bias. Prices are likely to head below 60,000 level in coming sessions. Any rise in prices can be used as a opportunity to create short position in the counter. SELL MCX SILVER SEP IN THE RANGE OF 62500 TO 63000 FOR THE TARGET OF 60000/58000 WITH STOP LOSS ABOVE 64500.   NICKEL:- M...
Sell MCX Silver Sep in the range of 62500 to 63000 for the target of 60000/58000 with stop loss above 64500 - Ventura Securities
Sell MCX Silver Sep in the range of 62500 to 63000 for the target of 60000/58000 with stop loss above 64500 - Ventura Securities
Source: Ventura Securities Ltd
14/08/2021 2:22:53 PM
IPO Note - Aptus Value Housing Finance India Ltd By Ventura Securities Aptus Value Housing Finance India Ltd (Aptus) is primarily a retail focused housing finance company serving low and middle income self-employed rural and semi-urban customers. As per CRISIL, Aptus is one of the largest housing finance companies in south India in terms of AUM, as of FY21. The company’s AUM has increased at a CAGR of 34.5% from ₹2,247.2 cr in FY19 to ₹4,067.8 cr in FY21. Aptus offers customers home loans for the purchase and self-construction of residential property, h...
IPO Note - Aptus Value Housing Finance India Ltd By Ventura Securities
IPO Note - Aptus Value Housing Finance India Ltd By Ventura Securities
Source: Ventura Securities Ltd
9/08/2021 5:15:10 PM
IPO Note - Nuvoco Vistas Corporation Ltd By Ventura Securities Nuvoco Vistas Corporation Ltd (NVCL) is the fifth largest cement company in India and the largest in East India in terms of capacity. It offers a range of 50 products across cement, RMX and modern building materials. As of 31st Mar 2021, the company has 11 cement plants (8 in East India and 3 in North India) with a cement capacity of 22.32 MMTPA and WHRS capacity of 44.7 MW. Their solar power plants have a capacity of 1.5 MW and their captive power plants can generate up to 105 MW. These cont...
IPO Note - Nuvoco Vistas Corporation Ltd By Ventura Securities
IPO Note - Nuvoco Vistas Corporation Ltd By Ventura Securities
Source: Ventura Securities Ltd
9/08/2021 5:10:20 PM
IPO Note - CarTrade Tech Ltd By Ventura Securities CarTrade Tech Ltd (CTTL), incorporated in 2000, is a web/app based multichannel auto platform provider. The company operates a number of online platforms such as CarWale, CarTrade, Shriram Automall, BikeWale, CarTradeExchange, Adroit Auto, and AutoBiz. CTTL has created an automotive digital ecosystem that connects new and used automobile customers, vehicle dealers, OEMs, financers, insurance companies and other businesses, enabling them to offer their services for different types of vehicles ...
IPO Note - CarTrade Tech Ltd By Ventura Securities
IPO Note - CarTrade Tech Ltd By Ventura Securities
Source: Ventura Securities Ltd
9/08/2021 5:02:42 PM
MCX SILVER prices have been consolidating below the key moving averages on daily chart - Ventura Securities SILVER:- MCX SILVER prices have been consolidating below the key moving averages on daily chart. Last week, prices have been rejected at the 20 MA and 100 MA levels and consolidated back on the lower side. We expect prices will head lower in the coming week towards 65000 level. SELL MCX SILVER SEP IN THE RANGE OF 66500 TO 66800 FOR THE TARGET OF 65500/65000 WITH STOP LOSS ABOVE 67800.   NICKEL:- MCX NICKEL prices have been consolidating from last few trading sessions....
MCX SILVER prices have been consolidating below the key moving averages on daily chart - Ventura Securities
MCX SILVER prices have been consolidating below the key moving averages on daily chart - Ventura Securities
Source: Ventura Securities Ltd
9/08/2021 10:54:42 AM
IPO Note - Devyani International Ltd By Ventura Securities Among the largest QSR chains operating in India, Devyani International Ltd (DIL) manages the franchises of Yum! Brands (KFC, Pizza Hut, Taco Bell) and Costa Coffee. Apart from these franchises it also has its own brands – Vaango, The Food Street, Ile Bar, AMRELI and Ckrussh Juice Bar among others. In India they currently have 696 stores across 166 cities and they have an international presence (39 stores) in Nigeria and Nepal. The company’s business can broadly be classified in...
IPO Note - Devyani International Ltd By Ventura Securities
IPO Note - Devyani International Ltd By Ventura Securities
Source: Ventura Securities Ltd
6/08/2021 11:07:39 AM
IPO Note - Krsnaa Diagnostics Ltd By Ventura Securities Krsnaa Diagnostics Ltd (KDL), established in 2010, is one of the fastestgrowing diagnostic chains in India. During FY18-21, KDL expanded its reach by opening 1,131 diagnostic centers (892 radiology centers & 239 pathology labs) across India, which took its overall network to 1,830 diagnostic centers (1,365 radiology centers & 465 pathology labs) in 14 states. The company offers a wide range of diagnostic services such as imaging/radiology services (X-rays, MRI, CT scan, etc.), routine...
IPO Note - Krsnaa Diagnostics Ltd By Ventura Securities
IPO Note - Krsnaa Diagnostics Ltd By Ventura Securities
Source: Ventura Securities Ltd
5/08/2021 5:50:18 PM
Weekly Recommendations on Commodities by NS Ramaswamy, Ventura Securities Ltd Below are Views On Weekly Recommendations on Commodities by NS Ramaswamy, Head of Commodities, Ventura Securities Ltd GOLD:- MCX GOLD prices have been holding above the 20 weeks moving average from past few weeks. This level is seen as strong support for the prices which is now placed near 47600 level. Prices have bounced back several times from the same level in the recent past. We expect the prices to trade with positive bias in the coming sessions. BUY MCX GOLD OCT IN THE...
Weekly Recommendations on Commodities by NS Ramaswamy, Ventura Securities Ltd
Weekly Recommendations on Commodities by NS Ramaswamy, Ventura Securities Ltd
Source: Ventura Securities Ltd
31/07/2021 9:13:02 AM
Weekly Recommendations on Commodities by NS Ramaswamy, Head of Commodities, Ventura Securities Ltd CRUDEOIL MCX CRUDEOIL prices recorded the low of 4878 for the week. Prices took support at 100 EMA level on daily chart and 20 moving average on weekly chart, both are placed near 4900 level. Prices sharply recovered from these levels. Going forward, 20 moving average on daily chart will be the key resistance in the coming week which is placed near 5420. Breaking above this level, we may see prices continuing the primary trend on the upside. BUY MCX CRUDEOIL AUG ABOVE 5420 FOR THE TARGE...
Weekly Recommendations on Commodities by NS Ramaswamy, Head of Commodities, Ventura Securities Ltd
Weekly Recommendations on Commodities by NS Ramaswamy, Head of Commodities, Ventura Securities Ltd
Source: Ventura Securities Ltd
26/07/2021 2:27:00 PM
Weekly Recommendations on Commodities by NS Ramaswamy, Ventura Securities Ltd Below are Views On Weekly Trading Recommendations on Commodities by NS Ramaswamy, Head of Commodities, Ventura Securities Ltd GOLD:- As per our last week’s view, MCX GOLD prices were holding above the 20 weeks moving average. Prices recorded the high of 48500. As long as prices hold above this key average, we may see prices heading beyond 49000 level in coming days. The 20 EMA has crossed above the 100 EMA which is considered as a positive crossover and indicates that pr...
Weekly Recommendations on Commodities by NS Ramaswamy, Ventura Securities Ltd
Weekly Recommendations on Commodities by NS Ramaswamy, Ventura Securities Ltd
Source: Ventura Securities Ltd
17/07/2021 9:31:39 AM
IPO Note - Tatva Chintan Pharma Chem Ltd By Ventura Securities Tatva Chintan Pharma Chem Ltd (TCPCL), established in 1996, is one of the leading companies engaged in the manufacturing of green chemicals such as structure directing agents (SDA), phase transfer catalyst (PTC), electrolyte salts for super capacitor batteries, pharmaceutical & agrochemical intermediates, and other specialty chemicals. For the products SDA, PTC and electrolyte salts, TCPCL is the largest producer in India, while it ranks 2 nd globally for Zeolite. SDA and PTC products hav...
IPO Note - Tatva Chintan Pharma Chem Ltd By Ventura Securities
IPO Note - Tatva Chintan Pharma Chem Ltd By Ventura Securities
Source: Ventura Securities Ltd
16/07/2021 10:46:26 AM
IPO Note - Zomato Ltd By Ventura Securities We are long term constructive on the fortunes of Zomato Ltd (ZOMATO). The industry structure is likely to remain a duopoly of Zomato and Swiggy with limited disruptions from the likes of Amazon (unsuccessful global history of last mile delivery) and weaker offering proposition from direct ordering companies like DotPe and Thrive. Coupled with the moats of network effects, branding, last mile delivery, customer user behaviour (convenience and addiction) and wide geographical reach, we believe ...
IPO Note - Zomato Ltd By Ventura Securities
IPO Note - Zomato Ltd By Ventura Securities
Source: Ventura Securities Ltd
10/07/2021 1:57:53 PM
Weekly Recommendations on Commodities by NS Ramaswamy, Ventura Securities Ltd Below are Views On Weekly Trading Recommendations on Commodities by NS Ramaswamy, Head of Commodities, Ventura Securities Ltd GOLD:- MCX GOLD prices have recovered sharply after recording the low of 46330. Prices are now back above the 20 weeks moving average. Key support is now seen at 46700 level. We may see relief rally in prices which may head towards 48000 level in coming sessions. BUY MCX GOLD AUG IN THE RANGE OF 47200 TO 47300 FOR THE TARGET OF 48000/48500 WITH STOP ...
Weekly Recommendations on Commodities by NS Ramaswamy, Ventura Securities Ltd
Weekly Recommendations on Commodities by NS Ramaswamy, Ventura Securities Ltd
Source: Ventura Securities Ltd
2/07/2021 5:53:48 PM
IPO Note - India Pesticides Ltd By Ventura Securities India Pesticides Ltd (IPL) is an R&D driven agro-chemical manufacturer of Technicals with a growing Formulations business. As per an F&S report, it is among the fastest growing agro-chemical companies in India in terms of volumes in FY20. IPL is also the sole Indian manufacturer and among the top five manufacturers globally for several Technicals, such as Folpet and Thiocarbamate Herbicide. The business verticals of IPL include: * Technicals - Fungicide Technicals, Herbicides Te...
IPO Note - India Pesticides Ltd By Ventura Securities
IPO Note - India Pesticides Ltd By Ventura Securities
Source: Ventura Securities Ltd
23/06/2021 10:01:25 AM
Weekly Commodity Recommendations By NS Ramaswamy, Ventura Securities Below are Weekly Commodity Recommendations  By NS Ramaswamy, Head of Commodities, Ventura Securities Ltd GOLD:- MCX GOLD prices have broken sharply below the key averages on daily chart. The RSI indicator on daily chart has also turned in negative territory. Immediate key resistance will be at 100 EMA level which is now seen at 47800 level. Prices may continue to head lower in coming days, as long as prices are trading below this level. SELL MCX GOLD AUG IN THE RANGE OF 47000 TO ...
Weekly Commodity Recommendations By NS Ramaswamy, Ventura Securities
Weekly Commodity Recommendations By NS Ramaswamy, Ventura Securities
Source: Ventura Securities Ltd
19/06/2021 9:19:15 AM
IPO Note - Krishna Institute of Medical Sciences Ltd By Ventura Securities Krishna Institute of Medical Sciences Ltd (KIMS) has grown from a 200 bed single hospital at Nellore (in 2000) to a chain of multi-specialty hospitals (3,064 beds) offering quaternary care across a wide gamut of therapies. Today the KIMS hospital chain consists of 9 assets predominantly located in Andhra Pradesh (AP) and Telangana with growth coming from organic expansion and strategic acquisitions. As per CRISIL, their flagship hospital at Secunderabad (1,000 beds) is one of the largest sing...
IPO Note - Krishna Institute of Medical Sciences Ltd By Ventura Securities
IPO Note - Krishna Institute of Medical Sciences Ltd By Ventura Securities
Source: Ventura Securities Ltd
15/06/2021 12:45:14 PM