Market Trends
AIA Engineering gains 6% post March quarter results
In Q4 EBITDA margin improved 182 basis points (bps) YoY and 21 bps sequentially at 24.2 per cent.
 "AIA Engineering gains 6% post March quarter results")
Auto stocks buck downbeat market trend in May; charts suggest further gains
Given the current market volatility, auto stocks seem to be a better bet for long side trades. Select stocks like M&M and TVS Motor can rally up to another 12 per cent.
 "Auto stocks buck downbeat market trend in May; charts suggest further gains")
GAIL's Rs 1,083 crore buyback offer kicks off: Should you tender shares?
The company has prescribed a buyback ratio of 2 shares for 25 equity shares for reserved category whereas 2 shares for 179 equity shares for general category.
 "GAIL's Rs 1,083 crore buyback offer kicks off: Should you tender shares?")
Globus Spirits slips 15% on weak March quarter results
In Q4FY22, EBITDA margin contracted by 720 basis points (bps) year-on-year to 17.6 per cent.
 "Globus Spirits slips 15% on weak March quarter results")
Coromandel Intl falls 10% on profit-taking post gaining 17% in 1 month
Analyst believe the company should benefit from debottlenecking of the phosphoric acid plant as well as from an increased share of newly-launched, high margin, crop-protection products in FY23.
 "Coromandel Intl falls 10% on profit-taking post gaining 17% in 1 month")
Balrampur Chini, Shree Renuka, Triveni: Sugar stocks dip after 300% surge
Select sugar stocks like Balrampur Chini, Dwarikesh Sugar and Renuka had jumped up to 6-fold post the Covid-19 decline; However, off late the stocks have corrected sharply post export limitations.
 "Balrampur Chini, Shree Renuka, Triveni: Sugar stocks dip after 300% surge")
Balrampur Chini snaps 3-day losing streak; stock gains 5% on heavy volumes
Analysts believe that the government's curb on 10 metric ton sugar exports would not cause a major impact as their expectation was lower than the limit for this year.
 "Balrampur Chini snaps 3-day losing streak; stock gains 5% on heavy volumes")
Market rebound: Short-covering, or is the worst behind us now?
The weekly F&O data also highlights significant build-up in open interest at the 17,700 Put, suggesting likely support at this level.
Returns from these stocks beat Sensex in current bloodbath. Do you own any?
Crisil, Hindustan Aeronautics, MRPL, ITC, and Welspun Corp have logged smart gains despite the broader market weakness.
 "Returns from these stocks beat Sensex in current bloodbath. Do you own any?")
MCX Natural Gas likely to test new highs; key levels for MCX Crude Oil
The MCX Natural Gas futures may test Rs 704 as indicated on the daily charts; the bias for the remainder of the week is likely to remain bullish as long as Natural Gas sustains above Rs 673.
 "MCX Natural Gas likely to test new highs; key levels for MCX Crude Oil")
Stocks to Watch: Adani Ports, Strides, Metropolis, RITES, Zee, Balrampur
Stocks to Watch Today: Sugar and FMCG stocks likely to be in focus as govt limits sugar exports and exempts customs duty on agri cess. Apollo Hospitals, Bata, Coal India and Nalco to report results.
 "Stocks to Watch: Adani Ports, Strides, Metropolis, RITES, Zee, Balrampur")
Delhivery jumps over 10% post tepid debut: Should you hold or sell shares?
Analysts remain mixed over the Gurgaon-based logistics firm Delhivery due to volatile market conditions and loss-making nature of the company.
 "Delhivery jumps over 10% post tepid debut: Should you hold or sell shares?")
Divis Labs sheds 14% in two days, hits 52-week low post Q4 results
The company has earmarked an aggressive capex of around Rs 2,000 crore over next two years in order to take a chunk of around $20 billion opportunity of APIs going off-patent over FY23-25.
 "Divis Labs sheds 14% in two days, hits 52-week low post Q4 results")
Here's why Mehul Kothari is bullish on MCX India, Voltas
According to the technical analyst, MCX India has a classic setup, precise Bullish BAT pattern on the daily chart with N-wave completed near the potential reversal zone.
 "Here's why Mehul Kothari is bullish on MCX India, Voltas")
Aether Industries' Rs 800 crore IPO opens today. Should you subscribe?
Analysts believe that Aether's multiple chemistry competencies to use for a wide array of products makes it a distinguished market player compared to other chemical companies
 "Aether Industries' Rs 800 crore IPO opens today. Should you subscribe?")
Stock of this rubber producer company has zoomed 76% in two months
Apcotex hit a record high of Rs 640.30 and rallied 10 per cent on the BSE.
 "Stock of this rubber producer company has zoomed 76% in two months")
Auto stocks gain on fuel price cut; Maruti, Ashok Ley, M&M gain up to 5%
Analysts also believe that the government's export duty hike on steel and plastic bodes well for the auto sector due to elevated commodity inflation.
 "Auto stocks gain on fuel price cut; Maruti, Ashok Ley, M&M gain up to 5%")
MSCI Inclusion Impact: Adani Power hits record high, up 35% in seven days
In the past three months, the stock has zoomed 161 per cent, as compared to 5 per cent decline in the S&P BSE Sensex.
 "MSCI Inclusion Impact: Adani Power hits record high, up 35% in seven days")
Nifty Metal bleeds 7% after govt hikes export duty on steel products
The government levied export duty on 11 iron and steel intermediates and key steel products.
 "Nifty Metal bleeds 7% after govt hikes export duty on steel products")
Stocks to Watch: Infy, L&T, PowerGrid, BHEL, NTPC, IDBI Bank, Steel makers
Stocks to Watch Today: Bharat Electronics, Data Patterns (India), SAIL and Zomato ahead of Q4 earnings on Monday.
