Techno Funda Analysis on Top 5 Gainers and Losers of 4th August 2023

Top Gainers

1. Aditya Birla Finance

Aditya Birla Fashion and Retail is a leading fashion and lifestyle retailer in India with a strong track record of profitability. The company has a strong brand portfolio, a wide distribution network, and a good management team. However, the fashion retail industry is cyclical and vulnerable to changes in consumer spending. ABFRL faces competition from other large fashion retailers. The company's profitability is sensitive to changes in the cost of raw materials. Overall, Aditya Birla Fashion and Retail is a good investment for investors who are looking for a stable and profitable fashion retail company.

As it’s Qtr Revenue is also growing from mar-2023 (2916 cr) to Jun-23 (3256 cr). Profit is declining from last 2 qtr. The book value per share for Mar 2023 is around 35.3. while its ROE for Mar 2023 is also growing but it in a negative position.

RSI is 37, MFI is 0.7 and MACD is below its Signal and Center Line, this is a strong bearish indicator. Harami uptrend and Inside Uptrend making. 100 days moving average up.

2. India Cements

India Cements is a leading cement manufacturer in India with a strong track record of profitability. The company has a strong brand portfolio, a wide distribution network, and a good management team. However, the cement industry is cyclical and vulnerable to changes in demand. India Cements faces competition from other large cement manufacturers. The company's profitability is sensitive to changes in the cost of raw materials. Overall, India Cements is a good investment for investors who are looking for a stable and profitable cement manufacturer.

Revenue is declining from the last qtr. Mar- 23 was 1493 cr while for while jun-23 is 1443 cr. Profit is increasing qtrly. In mar-23 it was -226 cr while for jun-23 it is -87 cr. Book value per share is 188 as of mar-23.

RSI is 51.2, MFI is 49.6, MACD is above its centre and signal Line, this is a bullish indicator. Doji star Uptrend and Spinning Uptrend making. Above all moving averages.

3. Bharat Forge

Bharat Forge is a leading global supplier of forgings and components to the automotive and industrial sectors with a strong track record of profitability. The company has a strong brand portfolio, a wide customer base, and a good management team. However, the automotive industry is cyclical and vulnerable to changes in demand. Bharat Forge faces competition from other large forging companies. The company's profitability is sensitive to changes in the cost of raw materials. Overall, Bharat Forge is a good investment for investors who are looking for a stable and profitable forging company.

Qtr revenue is increasing as it in dec-22 was 3389 cr while in mar-23 was 3686 cr. Profit is almost doubled from 82.5cr to 250.6 cr from decc-22 to amr-23. Book value per share is 144.8 as in mar-23.

RSI is 63.0, MFI is 68.9 and MACD is above its centre and signal Line, this is a bullish indicator. Above all moving averages.

Top losers

1. Bata India

Bata India is a leading footwear retailer in India with a strong track record of profitability. The company has a strong brand portfolio, a wide distribution network, and a good management team. However, the footwear industry is cyclical and vulnerable to changes in demand. Bata India faces competition from other large footwear retailers. The company's profitability is sensitive to changes in the cost of raw materials. Overall, Bata India is a good investment for investors who are looking for a stable and profitable footwear retailer.

As it revenue decreasing qtrly. From dec-22 (907 Cr)to Mar-23 (788.5Cr). profit was also declining qtrly. 83 cr to 65 cr. Book value per share is 111.9.

RSI is 67.5, MFI is 59.1 and MACD is above its centre and signal Line, this is a bullish indicator. Engulfing Downtrend and Short Line Downtrend making. Below 20 days moving averages.

2. DIVI’s Lab

Divis Laboratories is a leading specialty chemicals and API manufacturer in India with a strong track record of profitability. The company has a strong brand portfolio, a wide customer base, and a good management team. However, the specialty chemicals and API industry is cyclical and vulnerable to changes in demand. Divi’s Laboratories faces competition from other large specialty chemicals and API manufacturers. The company’s profitability is sensitive to changes in the cost of raw materials. Overall, Divi’s Laboratories is a good investment for investors who are looking for a stable and profitable specialty chemicals and API manufacturer.

Qtrly revenue is increasing from dec-22(1821 cr) while in mar-23 is (2017 cr). Profit is also increasing from 306 cr to 321 cr. The book value per share is 481.

RSI is 63.5, MFI is 71.9, MACD is above its center and signal Line, this is a bullish indicator. Below 5 days moving averages.

3. Max Financial

Max Financial Services is a leading life insurance and asset management company in India with a strong track record of profitability. The company has a strong brand portfolio, a wide customer base, and a good management team. However, the life insurance and asset management industries are cyclical and vulnerable to changes in demand. Max Financial Services faces competition from other large life insurance and asset management companies. The company’s profitability is sensitive to changes in the cost of funds. Overall, Max Financial Services is a good investment for investors who are looking for a stable and profitable life insurance and asset management company.

Revenue is increasing from Dec-22 (8898 cr) to Mar-23(9934 cr). Profit is declining as from 314 cr to 58.4 cr. The book value epr share is 115.5.

RSI is 57.4, MFI is 65.5, MACD is above its Center Line, but below signal line. Below days moving averages.

Analyst  -  Roshan Patel

info@smartinvestment.in
 

(Disclosures: At the time of writing this article, author, his clients & dependent family members may have positions in the stocks mentioned above. The author, his firm, his clients or any of his dependent family members may make purchases or sale of the securities mentioned in website. Author may have positions in above stocks so have vested interest obviously in their going up or down as the case may be.

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