Daily Dose #StocksToWatch #8

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Please note that below shared chart analysis is our way of sharing market pulse using four stocks. If you are taking trade on any of the stocks mentioned ensure that you have looked at things from all the angles and only after assessing the risk you are doing something.

  1. Speciality Restaurants. MCap ₹395Cr. CMP ₹84. Tradeable Float MCap ₹118 Cr 

The company owns and operates many brands including Mainland China, Asia Kitchen, Oh! Calcutta, Sigree, Sweet Bengal, Hoppipola, Haka, Riyasat, Episode One, UDP HAY & BARrish etc. SRL is one of the largest fine-dining restaurant chains in India and is play on unlock the economy theme with no expectation of third wave of covid.

Courtesy – TradingView. Click image to embiggen.
  1. Filatex India. MCap ₹2641Cr. CMP ₹118. Tradeable Float MCap ₹590 Cr 

Filatex India is manufacturer of Polyester Chips, Polyester/Nylon/Polypropylene Multi & Mono Filament Yarn and Narrow Fabrics.

Courtesy – TradingView. Click image to embiggen.
  1. Bank of Baroda. MCap ₹45560Cr. CMP ₹88. Tradeable Float MCap ₹6150 Cr 

Vijaya and Dena Bank has been merged into Bank of Baroda which has 9,500 branches and 13,400 ATMs operating across the country. After State Bank of India it is second largest Public Sector Bank in India.

Courtesy – TradingView. Click image to embiggen.
  1. IndiaMART Intermesh. MCap ₹26964Cr. CMP ₹8806. Tradeable Float MCap ₹3180 Cr 

First and largest B2B digital marketplace of India commanding over 60% market share. Caters to 56 industries and as many as 7.1 Cr products. It is subscription based business model where sellers pay to use the platform and company also holds stake in software platform Vyapar engaged in accounting needs, invoicing and inventory.

Courtesy – TradingView. Click image to embiggen.

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