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Dec 09, 2021 01:54 PM


58.35
145.00
-
-
CMP
122.30
126.35
CMP
31.07
74.46
4,296.30
389,218

Company Profile

11.32
0%
91.9188
8.42%
7.88%
Description

Equitas Holdings Limited (EHL), the holding company of the Equitas Group of Companies, is a Non-Deposit taking - Systemically Important - Core Investment Company (ND SI - CIC) as per RBI Regulations. The company is the holding company of its subsidiaries, Equitas Small Finance Bank Limited (ESFBL) and Equitas Technologies Private Limited (ETPL). Apart from investments in the subsidiaries, EHL also provides loans to subsidiaries and also places deposits with its banking subsidiary Equitas Small Finance Bank Limited (ESFBL). Equitas Small Finance Bank Limited, formerly Equitas Finance Limited (EFL), commenced operations as a Small Finance Bank (SFB) on 5 September 2016. Prior to commencement of operations as a bank, EFL, a wholly owned subsidiary of EHL, operated as an NBFC. In order to comply with the conditions prescribed in the in-principle` approval received from RBI to set-up the SFB, the other two wholly owned subsidiaries of EHL, viz., Equitas Micro Finance Limited (EMFL) and Equitas Housing Finance Limited (EHFL) merged into EFL to form the bank. The name of EFL was changed to Equitas Small Finance Bank Limited vide a fresh Certificate of Incorporation dated September 2, 2016. The strategy of ESFBL on the advances side is to stay focused on the low and moderate income segment of the population and roll out products relevant to their needs. The bank`s lending business is divided into 5 segments viz. Agri, Micro Enterprise & Inclusive Banking, Emerging Enterprise Banking, Business Banking, Outreach Banking and Corporate Banking. The Bank is also distributing Third Party Products like Life Insurance, General Insurance, Health Insurance and Mutual Funds on a non-risk sharing basis. The Bank has also launched digital Wealth Management services where customers can invest in Mutual Funds through online` mode. On the deposit side, the strategy of the bank is to focus not only on the existing borrower segments, but also on the mass and the mass affluent segments of the population and provide them strong product offerings delivered seamlessly through physical and digital channels. Since starting the banking operations in September 2016, the Bank has built a strong network of 392 banking outlets and 321 ATMs/Cash Recycler Machines spread across 13 States and 2 Union Territories, as of March 31, 2018. As of March 31, 2018, the Bank has over 2.7 lakh deposit customers. Equitas Holdings Ltd was incorporated as UPDB Micro Finance Private Limited on June 22, 2007 at Chennai as a private limited company under the Companies Act, 1956. Pursuant to a special resolution passed by the Shareholders on December 17, 2007, the name of the Company was changed to Equitas Micro Finance India Private Limited to convey the principle of fairness and transparency of the Company, and a fresh certificate of incorporation consequent to change of name was issued by the RoC on February 1, 2008. The microfinancebusiness of the Company was demerged into Singhivi pursuant to a Demerger Scheme with effect from April 1, 2011. Singhivi was later renamed as Equitas Micro Finance Private Limited. Pursuant to the Demerger Scheme, a resolution was passed by the Shareholders on January 30, 2012 and the name of our Company was changed to Equitas Holdings Private Limited and a fresh certificate of incorporation consequent to change of name was issued by the RoC on February 29, 2012. Pursuant to an order issued by the RBI on December 3, 2012, the Company was designated as a Non Systemically Important Core Investment Company and pursuant to the request made by the Company, the certificate of registration as a NBFC under Section 45 IA of the RBI Act was cancelled. Thereafter, pursuant to a special resolution passed by the Shareholders on June 12, 2015, the Company was converted into a public limited company and the name was changed to Equitas Holdings Limited. The RoC issued a fresh certificate of incorporation consequent to change of name on June 18, 2015. In 2015, the company got In-principle approval for Small Finance Bank pursuant to RBI Letter dated October 7, 2015 under reference DBR.PSBD.NBC (SFB-Equitas). No 4915/ 16.13.216/2015-16. Equitas Holdings (EHL) raised Rs 720 crore through an Initial Public Offering (IPO) in April 2016, to fund the capital requirements of the subsidiaries. The Equity Shares of the Company were listed on BSE Limited and National Stock Exchange of India Limited on April 21, 2016. From out of the IPO proceeds, EHL infused Rs 616 crore in April 2016 into the three subsidiaries viz., Equitas Finance Limited, Equitas Micro Finance Limited and Equitas Housing Finance Limited EHFL. During FY 2017-18, the Company infused a capital of Rs 5 crore in its subsidiary, Equitas Technologies Private Limited by subscribing to its equity shares on a rights basis. During the financial year ended 31 March 2018, the micro finance portfolio collections of the bank in specific geographies were impacted post demonetisation. In a few states, a large number of micro finance borrowers, misguided by local vested elements about probable loan waivers, defaulted in their repayments. Out of such defaults, the bank had identified certain loan assets as loss assets and had made full provision for the same during the year. Subsequently these loss assets were written off to the tune of Rs 142.11 crore. This has significantly impacted the overall profitability of the bank for the year. The rollout of the liabilities branches was completed as of September 2017 increasing the total number of branches to 375. Another 17 Business Correspondents (BCs) led banking outlets were also made operational during the year, taking the overall banking outlets to 392. During the financial year ended 31 March 2018, the bank introduced Business Loans addressing the credit needs of micro enterprises. It also introduced funding for purchase of new (Light Commercial Vehicles as well as funding small and medium sized fleet operators having ownership of 5 and 10 vehicles respectively for working capital purposes, on the security of their vehicles. During FY 2017-18, Equitas Small Finance Bank Limited (ESFBL), the wholly-owned Subsidiary of the Company was penalised for having commenced the business of distribution of third party products without obtaining prior approval of Reserve Bank of India. The subsidiary, ESFBL was formed by merger of three NBFC subsidiaries; carrying on the business of micro finance, vehicle finance and housing finance respectively. These Companies were arranging / distributing insurance for its borrowers, primarily to secure the loans in the event of their death or incapacitation due to accident or otherwise as well as insuring the asset which is secured to the loan, such as vehicles, property, etc. This legacy arrangement was continued after becoming a Small Finance Bank, however, there was an oversight in seeking RBI`s prior approval. Soon after noticing this omission in an internal compliance review, ESFBL promptly reported the matter to RBI admitting its lapse and sought its approval for distribution of third party products. The approval was received from RBI vide letter dated December 29, 2017. RBI also levied a monetary penalty of Rs 10 lakh on ESFBL for the aforesaid omission to obtain prior RBI approval.

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TECHNO FUNDA

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Top 5 comparision

Company Price % Change M Cap(Cr) Revenue(TTM) Net Profit(TTM) PE(TTM) Action
Equitas Holdings Ltd 125.7 2.7 4296.3003 3734.99 513.79 11.32 BUY SELL SIP
Housing Development Finance Corporation Ltd 2846.25 -0.24 514661.7713 139033.99 20487.55 24.79 BUY SELL SIP
Bajaj Finance Ltd 7427.85 0.9 448340.5693 26672.87 4419.82 89.32 BUY SELL SIP
Bajaj Finserv Ltd 17554 -0.38 279349.0898 60591.52 7367.38 66.39 BUY SELL SIP
SBI Cards & Payment Services Ltd 962.65 -5.39 90604.2329 9300.57 984.52 92.73 BUY SELL SIP

Return Calculator

Investment Type

SIP Lumpsum

Company

Period (Months)

Amount

Financials

  • Profit and loss statement
  • Balance sheet
  • Quarterly Result
  • Ratio

Insider & Instituional activity

Equity Capital: 17,899.62 Cr FV: 10.00
MF FII
Period Bought Sold Bought Sold
LAST 1M 92,723.66 67,410.59 231,395.21 247,549.37
LAST 3M 306,974.45 268,594.22 409,129.29 444,020.85
LAST 6M 586,994.51 505,695.85 1,109,541.08 1,139,874.27
LAST 12M 1,031,870.07 987,866.06 2,206,379.98 2,142,161.04
  • Company Info

Company Info:

Equitas Holdings Limited (EHL), the holding company of the Equitas Group of Companies, is a Non-Deposit taking - Systemically Important - Core Investm... Read More


Products

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Registered Address:

410A 4th Flr Spencer Plaza, Phase II No 769 Anna Salai, Chennai, Tamil Nadu, 600002

Tel : 91-44-42995000
Email : corporate:equitas.in
Website : http://www.equitas.in

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Short Term( < one month)

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440.0

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429.70

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Entry Price

248.0

Target Price

264.0

StopLoss

233.0

Call Date

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CMP

216.75

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Momentum Pick

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Expected Return 8.37% TIME PERIOD: 1 Week

Entry Price

215.0

Target Price

233.0

StopLoss

206.0

Call Date

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CMP

272.30

Status

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Momentum Pick

Container Corpn. Container Corporation Of India Ltd
Expected Return 7.83% TIME PERIOD: 15 Days

Entry Price

728.0

Target Price

785.0

StopLoss

685.0

Call Date

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CMP

638.20

Status

Open
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Momentum Pick

Sonata Software Sonata Software Ltd
Expected Return 9.09% TIME PERIOD: 15 Days

Entry Price

770.0

Target Price

840.0

StopLoss

725.0

Call Date

15 Jul 2021

CMP

838.85

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Open
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Momentum Pick

Coforge Coforge Ltd
Expected Return 6.02% TIME PERIOD: 15 Days

Entry Price

3490.0

Target Price

3700.0

StopLoss

NA

Call Date

27 May 2021

CMP

5260.60

Status

Open
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Momentum Pick

L&T Fin.Holdings L&T Finance Holdings Ltd
Expected Return 12.22% TIME PERIOD: 15 Days

Entry Price

90.0

Target Price

101.0

StopLoss

86.0

Call Date

21 May 2021

CMP

80.80

Status

Open
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Momentum Pick

Gateway Distr. Gateway Distriparks Ltd
Expected Return 15.52% TIME PERIOD: 15 Days

Entry Price

290.0

Target Price

335.0

StopLoss

264.0

Call Date

21 May 2021

CMP

282.95

Status

Open
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Momentum Pick

DCB Bank DCB Bank Ltd
Expected Return 9.80% TIME PERIOD: 15 Days

Entry Price

102.0

Target Price

112.0

StopLoss

95.0

Call Date

21 May 2021

CMP

86.30

Status

Open
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Momentum Pick

Mphasis Mphasis Ltd
Expected Return 9.49% TIME PERIOD: 15 Days

Entry Price

1845.0

Target Price

2020.0

StopLoss

1765.0

Call Date

07 May 2021

CMP

3119.75

Status

Stop Loss Triggered
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Momentum Pick

Mahindra CIE Mahindra CIE Automotive Ltd
Expected Return 12.21% TIME PERIOD: 15 Days

Entry Price

172.0

Target Price

193.0

StopLoss

155.0

Call Date

29 Apr 2021

CMP

241.90

Status

Book Profit
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Momentum Pick

Jindal Stain. Jindal Stainless Ltd
Expected Return 10.71% TIME PERIOD: 15 Days

Entry Price

84.0

Target Price

93.0

StopLoss

76.0

Call Date

27 Apr 2021

CMP

174.10

Status

Book Profit
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Momentum Pick

Graphite India Graphite India Ltd
Expected Return 9.18% TIME PERIOD: 15 Days

Entry Price

643.0

Target Price

702.0

StopLoss

605.0

Call Date

23 Apr 2021

CMP

427.05

Status

Book Profit
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Momentum Pick

Ajanta Pharma Ajanta Pharma Ltd
Expected Return 9.01% TIME PERIOD: 15 Days

Entry Price

1775.0

Target Price

1935.0

StopLoss

1685.0

Call Date

22 Apr 2021

CMP

2074.80

Status

Book Profit
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Momentum Pick

Tata Metaliks Tata Metaliks Ltd
Expected Return 11.17% TIME PERIOD: 15 Days

Entry Price

886.0

Target Price

985.0

StopLoss

835.0

Call Date

22 Apr 2021

CMP

896.50

Status

Book Profit
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Momentum Pick

Mindtree Mindtree Ltd
Expected Return 7.34% TIME PERIOD: 15 Days

Entry Price

2180.0

Target Price

2340.0

StopLoss

2040.0

Call Date

08 Apr 2021

CMP

4592.65

Status

Book Profit
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Momentum Pick

Tata Coffee Tata Coffee Ltd
Expected Return 8.66% TIME PERIOD: 15 Days

Entry Price

127.0

Target Price

138.0

StopLoss

119.0

Call Date

08 Apr 2021

CMP

213.05

Status

Stop Loss Triggered
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Momentum Pick

Indian Energy Ex Indian Energy Exchange Ltd
Expected Return 9.07% TIME PERIOD: 15 Days

Entry Price

353.0

Target Price

385.0

StopLoss

332.0

Call Date

07 Apr 2021

CMP

267.60

Status

Book Profit
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Margin

RELIANCE INDUSTRIES
Target 2484

Entry Price

2458

Stop Loss

2444

Call Date

09 Dec 2021

Status

CLOSE
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Margin

JINDAL STEEL & POWER LIMITED
Target 394.4

Entry Price

389

Stop Loss

387.5

Call Date

09 Dec 2021

Status

OPEN
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Margin

BALRAMPUR CHINI MILLS LTD
Target 345.8

Entry Price

341

Stop Loss

338.5

Call Date

09 Dec 2021

Status

OPEN
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Margin

TRIVENI ENGINEERING & INDUSTRI
Target 220.5

Entry Price

216

Stop Loss

214.3

Call Date

09 Dec 2021

Status

CLOSE
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Margin

DIVIS LABORATORIES LIMITED
Target 4490

Entry Price

4527

Stop Loss

4552

Call Date

09 Dec 2021

Status

CLOSE
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Margin

PVR LIMITED
Target 1498

Entry Price

1474

Stop Loss

1462.7

Call Date

09 Dec 2021

Status

CLOSE
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Margin

AXIS BANK LIMITED
Target 683.7

Entry Price

689

Stop Loss

694

Call Date

09 Dec 2021

Status

CLOSE
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Margin

STEEL AUTHORITY OF INDIA LTD
Target 113.8

Entry Price

111

Stop Loss

109.7

Call Date

09 Dec 2021

Status

OPEN
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Margin

BAJAJ FINANCE LIMITED
Target 7482

Entry Price

7419

Stop Loss

7384

Call Date

09 Dec 2021

Status

OPEN
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Margin

RELIANCE INDUSTRIES
Target 2464

Entry Price

2440

Stop Loss

2426

Call Date

09 Dec 2021

Status

CLOSE
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Margin

INDIAN HOTELS CO LTD
Target 207.7

Entry Price

203

Stop Loss

201

Call Date

09 Dec 2021

Status

CLOSE
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Margin

BHARTI AIRTEL LTD
Target 728.5

Entry Price

719

Stop Loss

714.2

Call Date

09 Dec 2021

Status

CLOSE
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Margin

RELIANCE INDUSTRIES
Target 2484

Entry Price

2458

Stop Loss

2444

Call Date

09 Dec 2021

Status

CLOSE
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Margin

JINDAL STEEL & POWER LIMITED
Target 394.4

Entry Price

389

Stop Loss

387.5

Call Date

09 Dec 2021

Status

OPEN
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Margin

BALRAMPUR CHINI MILLS LTD
Target 345.8

Entry Price

341

Stop Loss

338.5

Call Date

09 Dec 2021

Status

OPEN
icon-rupees

Margin

TRIVENI ENGINEERING & INDUSTRI
Target 220.5

Entry Price

216

Stop Loss

214.3

Call Date

09 Dec 2021

Status

CLOSE
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Margin

DIVIS LABORATORIES LIMITED
Target 4490

Entry Price

4527

Stop Loss

4552

Call Date

09 Dec 2021

Status

CLOSE
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Margin

PVR LIMITED
Target 1498

Entry Price

1474

Stop Loss

1462.7

Call Date

09 Dec 2021

Status

CLOSE
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Margin

AXIS BANK LIMITED
Target 683.7

Entry Price

689

Stop Loss

694

Call Date

09 Dec 2021

Status

CLOSE
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Margin

STEEL AUTHORITY OF INDIA LTD
Target 113.8

Entry Price

111

Stop Loss

109.7

Call Date

09 Dec 2021

Status

OPEN
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Margin

BAJAJ FINANCE LIMITED
Target 7482

Entry Price

7419

Stop Loss

7384

Call Date

09 Dec 2021

Status

OPEN
icon-rupees

Margin

RELIANCE INDUSTRIES
Target 2464

Entry Price

2440

Stop Loss

2426

Call Date

09 Dec 2021

Status

CLOSE
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Margin

INDIAN HOTELS CO LTD
Target 207.7

Entry Price

203

Stop Loss

201

Call Date

09 Dec 2021

Status

CLOSE
icon-rupees

Margin

BHARTI AIRTEL LTD
Target 728.5

Entry Price

719

Stop Loss

714.2

Call Date

09 Dec 2021

Status

CLOSE
icon-rupees

Momentum Pick

JK Paper JK Paper Ltd
Expected Return 6.45% TIME PERIOD: 1 Week

Entry Price

248.0

Target Price

264.0

StopLoss

233.0

Call Date

06 Oct 2021

CMP

216.75

Status

Open
icon-rupees

Momentum Pick

Aditya Bir. Fas. Aditya Birla Fashion & Retail Ltd
Expected Return 8.37% TIME PERIOD: 1 Week

Entry Price

215.0

Target Price

233.0

StopLoss

206.0

Call Date

03 Sep 2021

CMP

272.30

Status

Open
icon-rupees

Momentum Pick

Rupa & Co Rupa & Company Ltd
Expected Return 7.45% TIME PERIOD: 15 Days

Entry Price

470.0

Target Price

505.0

StopLoss

440.0

Call Date

08 Oct 2021

CMP

429.70

Status

Open
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Momentum Pick

Container Corpn. Container Corporation Of India Ltd
Expected Return 7.83% TIME PERIOD: 15 Days

Entry Price

728.0

Target Price

785.0

StopLoss

685.0

Call Date

03 Sep 2021

CMP

638.20

Status

Open
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Momentum Pick

Sonata Software Sonata Software Ltd
Expected Return 9.09% TIME PERIOD: 15 Days

Entry Price

770.0

Target Price

840.0

StopLoss

725.0

Call Date

15 Jul 2021

CMP

838.85

Status

Open
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Momentum Pick

Coforge Coforge Ltd
Expected Return 6.02% TIME PERIOD: 15 Days

Entry Price

3490.0

Target Price

3700.0

StopLoss

NA

Call Date

27 May 2021

CMP

5260.60

Status

Open
icon-rupees

Momentum Pick

L&T Fin.Holdings L&T Finance Holdings Ltd
Expected Return 12.22% TIME PERIOD: 15 Days

Entry Price

90.0

Target Price

101.0

StopLoss

86.0

Call Date

21 May 2021

CMP

80.80

Status

Open
icon-rupees

Momentum Pick

Gateway Distr. Gateway Distriparks Ltd
Expected Return 15.52% TIME PERIOD: 15 Days

Entry Price

290.0

Target Price

335.0

StopLoss

264.0

Call Date

21 May 2021

CMP

282.95

Status

Open
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Momentum Pick

DCB Bank DCB Bank Ltd
Expected Return 9.80% TIME PERIOD: 15 Days

Entry Price

102.0

Target Price

112.0

StopLoss

95.0

Call Date

21 May 2021

CMP

86.30

Status

Open
icon-rupees

Momentum Pick

Mphasis Mphasis Ltd
Expected Return 9.49% TIME PERIOD: 15 Days

Entry Price

1845.0

Target Price

2020.0

StopLoss

1765.0

Call Date

07 May 2021

CMP

3119.75

Status

Stop Loss Triggered
icon-rupees

Momentum Pick

Mahindra CIE Mahindra CIE Automotive Ltd
Expected Return 12.21% TIME PERIOD: 15 Days

Entry Price

172.0

Target Price

193.0

StopLoss

155.0

Call Date

29 Apr 2021

CMP

241.90

Status

Book Profit
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Momentum Pick

Jindal Stain. Jindal Stainless Ltd
Expected Return 10.71% TIME PERIOD: 15 Days

Entry Price

84.0

Target Price

93.0

StopLoss

76.0

Call Date

27 Apr 2021

CMP

174.10

Status

Book Profit
icon-rupees

Momentum Pick

Graphite India Graphite India Ltd
Expected Return 9.18% TIME PERIOD: 15 Days

Entry Price

643.0

Target Price

702.0

StopLoss

605.0

Call Date

23 Apr 2021

CMP

427.05

Status

Book Profit
icon-rupees

Momentum Pick

Ajanta Pharma Ajanta Pharma Ltd
Expected Return 9.01% TIME PERIOD: 15 Days

Entry Price

1775.0

Target Price

1935.0

StopLoss

1685.0

Call Date

22 Apr 2021

CMP

2074.80

Status

Book Profit
icon-rupees

Momentum Pick

Tata Metaliks Tata Metaliks Ltd
Expected Return 11.17% TIME PERIOD: 15 Days

Entry Price

886.0

Target Price

985.0

StopLoss

835.0

Call Date

22 Apr 2021

CMP

896.50

Status

Book Profit
icon-rupees

Momentum Pick

Mindtree Mindtree Ltd
Expected Return 7.34% TIME PERIOD: 15 Days

Entry Price

2180.0

Target Price

2340.0

StopLoss

2040.0

Call Date

08 Apr 2021

CMP

4592.65

Status

Book Profit
icon-rupees

Momentum Pick

Tata Coffee Tata Coffee Ltd
Expected Return 8.66% TIME PERIOD: 15 Days

Entry Price

127.0

Target Price

138.0

StopLoss

119.0

Call Date

08 Apr 2021

CMP

213.05

Status

Stop Loss Triggered
icon-rupees

Momentum Pick

Indian Energy Ex Indian Energy Exchange Ltd
Expected Return 9.07% TIME PERIOD: 15 Days

Entry Price

353.0

Target Price

385.0

StopLoss

332.0

Call Date

07 Apr 2021

CMP

267.60

Status

Book Profit
No Data Found

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