Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Here are the stocks to watch in today’s trade.

Stocks To Watch Today: Bajaj Finance, Indian Oil, Marico, ONGC, Reliance Industries

Reliance Industries (RIL), Infosys and Tata Consultancy Services (TCS) were the top traded contracts.

Nifty July futures at discount

Reliance Industries shares gained as much as Rs 32.9, or 1.4 per cent intraday, on the BSE on Monday, before finally closing trade at Rs 2,413.95 apiece

Brokerages remain bullish on Reliance Industries despite windfall tax

Water treatment player VA Tech Wabag (WABAG) on Monday said it has secured a repeat order worth about Rs 430 crores from Reliance Industries (RIL) for engineering, procurement and construction (EPC) of a 53 MLD desalination plant at Jamnagar, Gujarat. The EPC scope of work under this order includes …

WABAG gets repeat order worth Rs 430 cr from RIL for Jamnagar desalination plant | The Financial Express

Va Tech Wabag bags ₹430-cr. order from Reliance Industries

Here are the intraday supports and resistances for widely traded stocks such as Reliance Industries, ITC, ONGC, Infosys, HDFC Bank, TCS and SBI

Day trading guide for July 05: Intraday supports, resistances for Nifty50 stocks

While the export tax will be applicable on only-for-exports refinery of Reliance Industries, the restriction on product exports wherein at least 30-50 per cent is first supplied domestically will not apply to SEZ units.

Windfall tax to shave off $12 margin for RIL, severely hit ONGC earnings, say brokerages

Shares of Reliance Industries Ltd (RIL) were in focus today after the government-imposed taxes on export of petrol, diesel and jet fuel (ATF) shipped overseas by Indian firms on Friday. It also levied taxes on windfall gains made by crude oil producers. RIL stock ended 7.14 per cent or Rs 185 lower…

RIL shares in green after Friday’s crash: Check the new target price

The taxes, and some accompanying export curbs, will hit the earnings of companies such as Reliance Industries, Nayara Energy, which is partly owned by Russia’s Rosneft, the Oil and Natural Gas Corp, Oil India Ltd and Vedanta Ltd.

India to withdraw windfall tax if oil prices fall $40 per barrel: Tarun Bajaj

The windfall taxes imposed by the government on domestic crude oil production and fuel exports will hit ONGC’s earnings severely while shaving off up to USD 12 per barrel in refining margins for Reliance Industries Ltd.

Windfall tax: $12 margin hit for Reliance; Govt rakes in Rs 1.3 lakh cr | The Financial Express

Reliance Industries - Imposition Of Excise Duty To Cap Refining Gains: ICICI Direct

Reliance Industries Limited is engaged in refining, manufacturing of refined petroleum products, petrochemicals, including manufacturing of basic chemicals, fertilizers and nitrogen compounds, plastic and synthetic rubber in primary forms.

Reliance Industries Ltd

Reliance Industries Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Stocks To Watch Today: Bajaj Finance, Indian Oil, Marico, ONGC, Reliance Industries

Nifty July futures at discount

Brokerages remain bullish on Reliance Industries despite windfall tax

WABAG gets repeat order worth Rs 430 cr from RIL for Jamnagar desalination plant | The Financial Express

Va Tech Wabag bags ₹430-cr. order from Reliance Industries

Day trading guide for July 05: Intraday supports, resistances for Nifty50 stocks

Windfall tax to shave off $12 margin for RIL, severely hit ONGC earnings, say brokerages

RIL shares in green after Friday’s crash: Check the new target price

India to withdraw windfall tax if oil prices fall $40 per barrel: Tarun Bajaj

Windfall tax: $12 margin hit for Reliance; Govt rakes in Rs 1.3 lakh cr | The Financial Express

Reliance Industries Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Stocks To Watch Today: Bajaj Finance, Indian Oil, Marico, ONGC, Reliance Industries

Nifty July futures at discount

Brokerages remain bullish on Reliance Industries despite windfall tax

WABAG gets repeat order worth Rs 430 cr from RIL for Jamnagar desalination plant | The Financial Express

Va Tech Wabag bags ₹430-cr. order from Reliance Industries

Day trading guide for July 05: Intraday supports, resistances for Nifty50 stocks

Windfall tax to shave off $12 margin for RIL, severely hit ONGC earnings, say brokerages

RIL shares in green after Friday’s crash: Check the new target price

India to withdraw windfall tax if oil prices fall $40 per barrel: Tarun Bajaj

Windfall tax: $12 margin hit for Reliance; Govt rakes in Rs 1.3 lakh cr | The Financial Express

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock