Current price is less than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

Returns 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

Gold has resistance at Rs 48,700, where profit booking is expected which may bring the prices down towards Rs 48,100 levels, said Abhishek Chauhan, Head of Commodity & Currency at Swastika Investmart.

Gold Prices Today: Yellow Metal Rates May Remain Choppy Amid Mixed Cues

Swastika Investmart standalone net profit rises 40.25% in the December 2021 quarter

Swastika Investmart consolidated net profit rises 15.64% in the December 2021 quarter

Hot Stocks | Tuesday’s low of 18,085 is at 9-DMA; below this, 17,950-17,800 will be the next important support level while 17,650 is critical support at any correction, however, every correction is a good buying opportunity, says Santosh Meena of Swastika Investmart

Hot Stocks | Shriram Properties, Kalpataru Power, Gujarat Ambuja Exports Can Give You Double-digit Returns In Short Term

‘Transaction cost in India is high and LTCG and STT are sentiment dampener for the market’

Swastika Investmart expects Budget to remove STTs

Gold prices may remain supportive today and any correction could be a good buying opportunity in it. It has support at Rs 47800 and resistance at Rs 48250, said Abhishek Chauhan, Head of Commodity & Currency at Swastika Investmart.

Gold Price Today: US Fed’s Hawkish Stance Likely To Pull Prices Lower; Support At Rs 47,800

Santosh Meena, Head of Research, Swastika Investmart, said, “Indian equity market snub sharp rise in Covid cases and begin 2022 on a cheerful note where the laggard Bank Nifty witnessed the highest gain today. There was a risk-on sentiment in the Indian equity market, where the high beta sectors out…

Biggest gainers & losers of the day: Auto players in demand; Surya Roshni loses sheen

Gold may remain range-bound to get further clues from the FOMC meeting scheduled on Wednesday. Gold has resistance at Rs 48300-48500 and support at Rs 47700-47500. Silver has resistance at Rs 62000 and support at Rs 60000, said Abhishek Chauhan of Swastika Investmart.

Gold Price Today: Yellow Metal Likely To Remain Range-bound Ahead Of Fed Policy Outcome, Omicron Scare

Nifty is continuing its corrections after a minor pullback, where it has again slipped below its 100-DMA, said Santosh Meena, Head of Research at Swastika Investmart. On the upside, he expects 17,000 to act as an immediate intraday resistance for December 7, while 100-DMA of 17,181 will be the next …

Nifty Breaks 17,000, Sensex Falls 1,000 Pts; 5 Factors That Dragged Markets Lower

Santosh Meena, Head of Research, Swastika Investmart, said fertiliser stocks were showing positive momentum today on the back of some positive developments such as rising prices due to shortages and increased subsidies for fertilisers.

Shortage and chances of more subsidy give fertiliser stocks green shoots

Star Health IPO | The valuation of the company is stretched. At the upper price band of Rs 900, Star Health is demanding a market capitalisation to net premium earned multiple of 10.3x, which is at a premium to the peer average, says Swastika Investmart.

Swastika Investmart Ltd

Swastika Investmart 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

Returns 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 return on equity 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

Gold Prices Today: Yellow Metal Rates May Remain Choppy Amid Mixed Cues

Swastika Investmart standalone net profit rises 40.25% in the December 2021 quarter

Swastika Investmart consolidated net profit rises 15.64% in the December 2021 quarter

Hot Stocks | Shriram Properties, Kalpataru Power, Gujarat Ambuja Exports Can Give You Double-digit Returns In Short Term

Swastika Investmart expects Budget to remove STTs

Gold Price Today: US Fed’s Hawkish Stance Likely To Pull Prices Lower; Support At Rs 47,800

Biggest gainers & losers of the day: Auto players in demand; Surya Roshni loses sheen

Gold Price Today: Yellow Metal Likely To Remain Range-bound Ahead Of Fed Policy Outcome, Omicron Scare

Nifty Breaks 17,000, Sensex Falls 1,000 Pts; 5 Factors That Dragged Markets Lower

Shortage and chances of more subsidy give fertiliser stocks green shoots

Swastika Investmart 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

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity 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

Gold Prices Today: Yellow Metal Rates May Remain Choppy Amid Mixed Cues

Swastika Investmart standalone net profit rises 40.25% in the December 2021 quarter

Swastika Investmart consolidated net profit rises 15.64% in the December 2021 quarter

Hot Stocks | Shriram Properties, Kalpataru Power, Gujarat Ambuja Exports Can Give You Double-digit Returns In Short Term

Swastika Investmart expects Budget to remove STTs

Gold Price Today: US Fed’s Hawkish Stance Likely To Pull Prices Lower; Support At Rs 47,800

Biggest gainers & losers of the day: Auto players in demand; Surya Roshni loses sheen

Gold Price Today: Yellow Metal Likely To Remain Range-bound Ahead Of Fed Policy Outcome, Omicron Scare

Nifty Breaks 17,000, Sensex Falls 1,000 Pts; 5 Factors That Dragged Markets Lower

Shortage and chances of more subsidy give fertiliser stocks green shoots

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

Returns 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 return on equity 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