SELECTED STOCKS 15-AUG-2024 - INDEPENDENCE DAY SPECIAL 2024

NOTE: Not a BUY or SELL SIGNAL.

All updates are only for the educational and knowledge purpose.

Indian Overseas Bank @ 59.71

Sector: Bank - Public

Mid range performer

Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.

Promoters holding remains unchanged at 96.38% in Jun 2024 qtr

52 Week High 83.75

52 Week Low 24.45

All Time High 227.45

All Time Low 6.05

Book Value Per Share 12.18

Sector PE 11.47

Face Value 10

Beta 2.05

Mkt Cap (Rs. Cr.) 112,866

As long as 29/6 holds support and break of 84, we can see 160 first and further 233+

https://in.tradingview.com/chart/IOB/bXb520uY-Indian-Overseas-Bank-59-71/

Hathway Cable and Datacom Ltd. @ 20.83

Sector: Cable & D2H

Strong Performer

Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators

Promoters holding remains unchanged at 75.00% in Jun 2024 qtr

52 Week High 27.95

52 Week Low 14.60

All Time High 76.40

All Time Low 10.50

Book Value Per Share 23.31

Dividend Yield: --

Sector PE 35.14

Face Value 2

Beta 1.20

Mkt Cap (Rs. Cr.) 3,687

Support: 8

Upside can be: 42, 58-70, 87-94, 134-142, 150

https://in.tradingview.com/chart/HATHWAY/IlQNee5P-Hathway-Cable-and-Datacom-Ltd-20-83/

Shree Renuka Sugars Ltd. @ 46.12

Sector: Sugar

Promoters holding remains unchanged at 62.48% in Jun 2024 qtr

52 Week High 57.25

52 Week Low 36.55

All Time High 123.50

All Time Low 3.25

Book Value Per Share -2.85

Dividend Yield: --

Sector PE 18.59

Face Value 1

Beta 1.14

Mkt Cap (Rs. Cr.) 9,816

Support: 3

Upside can be: 69, 100-116, 142-167, 207-216

https://in.tradingview.com/chart/RENUKA/tqWYu9WL-Shree-Renuka-Sugars-Ltd-46-12/

Canara Bank @ 105.65

Sector: Bank - Public

Strong Performer

Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators

Promoters holding remains unchanged at 62.93% in Jun 2024 qtr

52 Week High 128.90

52 Week Low 60.51

All Time High 164.23

All Time Low 80.14

Book Value Per Share 343.30

Dividend Yield: 15.24

Sector PE 12.07

Face Value 10

Beta 1.65

Mkt Cap (Rs. Cr.) 95,831

Supports: 68/34/14

Upside can be: 138-145, 177-203, 277

Ultimate targets: 340, 640+

https://in.tradingview.com/chart/CANBK/M1CE3rB1-Canara-Bank-105-65/

IDFC Ltd. @ 105.78

Sector: Finance - Housing

Falling Comet

Stock with medium financial performance and average valuation, but technical indicator shows weak price momentum indicating waning investors interest in stock.

Mutual Funds have increased holdings from 8.73% to 9.38% in Jun 2024 qtr.

52 Week High 137

52 Week Low 103.80

All Time High 235

All Time Low 13.25

Book Value Per Share 51.76

Dividend Yield: --

Sector PE 87.05

Face Value 10

Beta 1.23

Mkt Cap (Rs. Cr.) 16,924

Supports: 71/40/13

Upside can be: 134-142, 190-212, 247-260

https://in.tradingview.com/chart/IDFC/HzHIpy6a-IDFC-Ltd-105-78/

Powergrid Infrastructure Investment Trust Ltd. @ 93.44

Sector: Miscellaneous, InvITs (Infrastructure Investment Trust)

Mid-range performer

Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.

52 Week High 125.99

52 Week Low 92.30

All Time High 142

All Time Low 0.00

Book Value Per Share 110.70

Dividend Yield: 12.84

Sector PE 9.39

Face Value 100

Beta 0.14

Mkt Cap (Rs. Cr.) 8,503

Upside can be: 150+

South Indian Bank Ltd. @ 24.07

Sector: Bank - Private

Slowing down stock

Stock with good financial perrformance alongside good to expensive valuation, but technical indicators shows weak momentum indicating no investors interest in stock.

Mutual Funds have increased holdings from 1.69% to 2.19% in Jun 2024 qtr.

52 Week High 40.15

52 Week Low 16.50

All Time High 40.15

All Time Low 1.03

Book Value Per Share 27.97

Dividend Yield: 1.25

Sector PE 18.09

Face Value 1

Beta 1.25

Mkt Cap (Rs. Cr.) 6,297

Supports: 12, 4

Upside can be: 40, 55+

https://in.tradingview.com/chart/SOUTHBANK/FlwOLfpH-South-Indian-Bank-Ltd-24-07/

Steel Authority of India Ltd. @ 125.23

Sector: Iron & Steel

Strong Performer

Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators

Promoters holding remains unchanged at 65.00% in Jun 2024 qtr

52 Week High 175.35

52 Week Low 80.45

All Time High 293

All Time Low 3.95

Book Value Per Share 131.25

Dividend Yield: 1.60

Sector PE 30.20

Face Value 10

Beta 2.34

Mkt Cap (Rs. Cr.) 51,726

Supports: 116/77

Upside can be: 194-225, 275-325, 400-460

https://in.tradingview.com/chart/SAIL/sL9fIgVq-Steel-Authority-of-India-Ltd-125-23/

National Aluminium Company Ltd. @ 165.09

Sector: Aluminium & Aluminium Products

Strong Performer

Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators

Promoters holding remains unchanged at 51.28% in Jun 2024 qtr

52 Week High 209

52 Week Low 80.65

All Time High 209

All Time Low 9.13

Book Value Per Share 68.34

Dividend Yield: 3.03

Sector PE 29.63

Face Value 5

Beta 2.39

Mkt Cap (Rs. Cr.) 30,320

Supports: 130/55

Upside can be: 240-280, 350-390

https://in.tradingview.com/chart/NATIONALUM/GkS2j8ZP-National-Aluminium-Company-Ltd-165-09/

NMDC Ltd. @ 210.94

Sector: Iron & Steel

Strong Performer

Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators

Promoters holding remains unchanged at 60.79% in Jun 2024 qtr

52 Week High 286.35

52 Week Low 103.80

All Time High 571.20

All Time Low 61.55

Book Value Per Share 119.43

Dividend Yield: 2.73

Sector PE 19.96

Face Value 1

Beta 1.55

Mkt Cap (Rs. Cr.) 61,818

Supports: 160/103/47

Upside can be: 303-338, 440, 570+

https://in.tradingview.com/chart/NMDC/ENrmM1WK-NMDC-Ltd-210-94/