Daily Dose #StocksToWatch #13

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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. HEG Ltd. MCap ₹9720Cr. CMP ₹2513. Tradeable Float MCap ₹1850 Cr 

HEG Ltd is India’s leading graphite electrode manufacturer. Watch this video to understand the industry dynamics.

Courtesy – TradingView. Click image to embiggen.
  1. Adani Ent. MCap ₹177666Cr. CMP ₹1616. Tradeable Float MCap ₹5850 Cr 

This is the mothership of Adani Group and it continues to throw in new businesses brand new and once matured in public market as IPO. Recent one that is coming for IPO is Adani Wilmar.

Courtesy – TradingView. Click image to embiggen.
  1. ICRA. MCap ₹3582Cr. CMP ₹3694. Tradeable Float MCap ₹335 Cr 

ICRA is involved in rating, management consulting and outsourcing and information services. They have had trouble in IL&FS crisis so market punished the stock.

Courtesy – TradingView. Click image to embiggen.
  1. Punjab National Bank. MCap ₹50651Cr. CMP ₹46. Tradeable Float MCap ₹6300 Cr 

First Swadeshi Bank of India and second largest public sector bank after SBI.

Courtesy – TradingView. Click image to embiggen.

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Disclaimer: Posts on the platforms of BN are our perspective on the market. These are purely meant for learning purposes. The perspective provided should not be construed as investment advice or solicitation to trade. We may have positions in the stock mentioned. You agree to make no trade relying on the above contained information fully or partly. By using the content, you agree to these T&Cs.

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