Trendlyne Blog: The Baseline, Latest on stock market and finance in India and the world.

09 Mar 2018

Fundamentals Strategy: Growth Companies in Tech Screener

One of the popular screeners on the platform identifies growth companies, focusing on tech stocks that have shown rising net profits, revenues, and ROCE (returns on capital employed). This strategy has been backtested three times: in the beginning on 2018, and in March 2018 for Nifty500 and tech stocks, after the most recent results rolled out. The strategy has held steady so far, improving the returns for an investor focused on fundamentals, delivering 40%+ annual returns on average for all nifty500 stocks, and 32%+ for only tech stocks.

This strategy chose 8K Miles Software in June 2015, before it entered the analysts' radar. As a result, that stock alone delivered 162% returns for the strategy.

The Baseline

08 Mar 2018

Gainers in Momentum: Ingersoll Rand, Sunteck Realty, Rain Industries

As some calm returned today after a six-day losing streak for markets, some stocks saw bullish movement across multiple technical indicators. The momentum gainer screener saw 15 Nifty500 stocks seeing momentum scores above 40 and improving their momentum over the previous day's close.

These stocks included Sunteck Realty, followed by an old favorite of the bulls, Rain Industries. For the full momentum screener, click here.

The Baseline

08 Mar 2018

Stocks being bought by their promoters, with reasonable valuation scores: Chambal Fertilizers, KEC

A popular shareholding screener is the one where promoters are increasing their shareholding, as per the most recent filings to BSE. Promoters buying their company stocks is typically seen as a promising sign - indicating that promoters see prospects for their company's future. With share prices falling in recent days, there may also be a strong buying opportunity in some stocks.

Chambal Fertilizers for example, is seeing promoters buying stocks as well as a higher valuation score (click on fundamentals on the table to see scores and other metrics). This is also the case for KEC International, which is also seeing a higher momentum score. For the full screener, click here.

The Baseline

06 Mar 2018

Bulk deals for March 5: Bombay Stock Exchange, Punjab Alkalies, Fortis

BNP Paribas Arbitrage bought 37.5 lakh shares or 0.7 percent stake in Fortis Healthcare. This is the second large bulk purchase of Fortis Healthcare shares over the last ten days by BNP Paribas Arbitrage.

IDFC Imperial Equity Fund bought 10.54 lakh shares or 1.9 percent equity in the Bombay Stock Exchange (BSE). Nomura Asset Mgmt sold 13.89 lakh shares or 2.6 percent equity.

IDBI Bank sold 3.12 lakh shares or 1.2 percent equity in Punjab Alkalies & Chemicals.

The Baseline

05 Mar 2018

Bulk deals and Insider Trades: Indian Terrain, Vishal Fabrics, Alembic Pharma

Limiar Fund (Master) LP bought 6.50 lakh shares or 1.7 percent stake of Indian Terrain Fashions.

Kitex Garments promoter Sabu Jacob acquired 82,754 shares .

Alembic Pharma promoter Alembic Ltd. acquired 1.18 lakh shares.

Promoter Cotton County Retail Ltd. acquired 11,080 shares of Nahar Industrial Enterprises.

Raymond promoter J K Investors (Bombay) Ltd. acquired 25,000 shares of the company.

Vishal Fabrics promoter Vedprakash D Chiripal acquired 58,000 shares of the firm.

Confidence Petroleum promoter Essenn LPG Bottling (India) Ltd acquired 1.44 lakh shares.

The Baseline

01 Mar 2018

Bulk deals for Feb 28: Punjab Alkalies, Videocon, Rama Steel

IDBI Bank sold 9.65 lakh shares or 3.6 percent equity of Punjab Alkalies & Chemicals. IDBI has been selling off its shares in the company over the past few days.

Discord Exim Pvt. sold 2.81 lakh shares or 1.1 percent equity of Supreme Infra.

TCG Fund Fund sold 87,468 shares or 0.5 percent equity in Rama Steel Tubes.

IFCI sold 20.66 lakh shares or 0.7 percent equity of Videocon Industries, which is going through bankruptcy proceedings.

The Baseline

28 Feb 2018

Bulk deals for Feb 28: Punjab Alkalies, Narayana Hrudayalaya, Harrisons

First State Investments bought 11.14 lakh shares, or 0.5 percent stake in Narayana Hrudayalaya. The company's share price fell yesterday on high volumes.

Promoter Instant Holdings sold 14.20 lakh shares, or 7.7 percent equity, in Harrisons Malayalam while Vayu Udaan Aircraft bought 14.20 lakh shares, or 7.7 percent equity in the company.

Discord Exim sold 1.42 lakh shares, or 0.6 percent equity in Supreme Infra. The stock hit the lower circuit, falling in share price by 20% yesterday. The company is undergoing restructuring of its standalone debt under the S4A scheme.

IDBI Bank sold 1.50 lakh shares, or 0.6 percent equity in Punjab Alkalies and Chemicals.

The Baseline

27 Feb 2018

Bulk deals for Feb 27: MoldTek, Coffee Day, Fortis

UNO Metals sold 1.38 lakh shares, or 0.5 percent equity of MoldTek Technologies, while Ganapati Dealcom sold 2.62 lakh shares . UNO Metals also sold 2 lakh shares (0.9 percent equity) of Intense Technologies.

Discord Exim Pvt. bought 3.24 lakh shares (1.3 percent stake) of Supreme Infrastructure.

BNP Paribas Arbitrage bought 40.2 lakh shares, or 0.8 percent equity in Fortis Healthcare. ECL Finance sold 41.95 lakh shares. Fortis has not submitted its September and December financial results to the exchange, and the NSE has said that failure to submit results by March 1 will mean that the exchange will stop derivatives trading for the stock.

Promoter Malavika Hegde bought 55 lakh shares, or 2.6 percent equity of Coffee Day Enterprises, while KKR Mauritius Pe Investments II sold 1.25 crore shares, or 5.9 percent equity.

IDBI Bank sold 35.48 lakh shares, or 0.9 percent equity of Consolidated Construction Consortium. IDBI Bank also sold 2.11 lakh shares, or 0.8 percent equity of Punjab Alkalies & Chemicals.

AKG Finvest bought 80.50 lakh shares, or 1.4 percent equity of Subex.

The Baseline

26 Feb 2018

Momentum Score (Technical Score) Daily Gainers: Parag Milk Foods, Engineers India, Avanti Feeds

The Momentum Score (Technical Score) Gainers tracks stocks that are seeing positive movement across multiple technicals - MACD, RSI, MFI, moving averages, and more. As the stock market moves from red to green over the past few trading sessions, some stocks are seeing sharp upturns in the overall momentum score. The stocks topping the screener today include Parag Milk Foods, Engineers India, Avanti Feeds and more.

While stocks such as Avanti Feeds have expensive valuations now, some analysts are still giving the company buy targets. For the full screener click here.

The Baseline

26 Feb 2018

Bulk deals for Feb 23: Jubilant LifeSciences, Jaypee Infratech, Fortis Healthcare

Copthall Mauritius Investment bought 27.50 lakh shares, or 1.7 percent equity of Jubilant Lifesciences. Promoter Jubilant Advisors LLP sold 22.38 lakh shares, or 1.4 percent equity stake. Another promoter Jubilant Consumer Pvt Ltd also sold 27.36 lakh shares, or 1.7 percent stake.

IndusInd Bank Ltd. Client A/c sold 1.1 crore shares, or 0.8 percent equity of Jaypee Infratech

Laburnum capital advisors bought 67,000 shares, or 0.6 percent equity of Apollo Pipes.

BNP Paribas Arbitrage bought 42.75 lakh shares or 0.8 percent equity stake of Fortis Healthcare.

Prescient Wealth Management Private Limited sold 7.98 lakh shares, or 0.6 percent equity stake of Finolex Industries.

Promoter Perviz Homi Dastur sold 1.30 lakh shares, or 1 percent equity stake of Chembond Chemicals.

Shakuntala Exim Pvt Ltd. sold 3 lakh shares, or 0.5 percent stake of Dollar Industries.