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Trendlyne Marketwatch
07 Aug 2017
Opening bell: Markets flat after high open, Jaiprakash Associates soars on profitable quarter

Sensex gained initially before flattening out in morning trade. Market breadth is highly positive. Of the 1682 stocks traded today, 1071 were in the positive territory and 527 were negative. Jaiprakash Associates Limited is the big gainer in share price today after reporting a profit of Rs 764.99 crore in the June quarter, after 12 consecutive quarter losses. JP Associates was a stock that Rakesh Jhunjhunwala recently added to his portfolio. 

Riding High:

Largecap and midcap gainers today include Jaiprakash Associates Limited (28.40 12.03%), Apollo Tyres Limited (275.40 4.97%) and Torrent Power Limited (194.65 3.37%).

Downers:

Largecap and midcap losers today include Bayer Cropscience Limited (4390.00 -3.94%), Housing Development and Infrastructure Limited (73.00 -3.63%) and Shriram City Union Finance Limited (2195.20 -2.30%).

BSE 500: highs, lows and moving averages

26 stocks hit their 52 week highs, while 5 stocks tanked below their 52 week lows.

Stocks touching their year highs included - ACC Limited (1801.00 -1.04%), Avanti Feeds Limited (1829.90 2.69%) and Bajaj Finance Limited (1749.30 1.12%).

Stocks making new 52 weeks lows included - Dr. Reddy's Laboratories Limited (2240.95 -0.14%) and Intellect Design Arena Limited (107.20 -0.28%).

7 stocks climbed above their 200 day SMA including Torrent Power Limited (194.65 3.37%) and FAG Bearings India Limited (4399.95 2.36%).

 
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The Baseline
04 Aug 2017
Midcap winners: High performers in both share price and results

Several midcap companies have managed to ride the stock market rally to greater heights, as this ET article points out, naming among others, Sun TV and Bajaj Finserv.

However, midcap stocks that have gained more than 50% in share price and delivered strong net profit growth in recent YoY results are a smaller number - a list of just ten, according to this screener. These stocks include L&T Finance Holdings, Piramal Enterprises, Reliance Capital and more. 

 
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The Baseline
03 Aug 2017
The Pataka Stocks screener, post Q1 results: LTTS, Sagar Cements, Control Print

The Pataka Stocks Screener highlights stocks where analysts have estimated at least a 20% upside in the share's target price. Stocks in the list post Q1 results include Sagar Cements, L&T Technology Services (LTTS), MPS Limited  and Control Print.

These companies have seen substantial YoY revenue growth, and analysts have pushed higher target prices on specific rationale. Sagar Cements for example says that it expects significant cost reductions in the coming quarters, with shift to cheaper raw material and process improvements. 

L&T Technology Services (LTTS), a domain specialist in Engineering and R&D, is expected to ride on the rapid growth projected in the ER&D sector, especially in the US market. Analysts like Karvy also expect high growth for communications firm MPS Limited, citing the expansion of platforms in the US market. 

Analysts also have high hopes for coding and marking firm Control Print, which saw significant margin expansion in FY12-16 after it changed its product mix to prioritize consumables, a high margin product with a growing base of installed printers. For the full screener, click here.