Traders Diary: Know Buy, Sell or Hold strategy on SBI, Titan, IRCTC, Tata Motors, Indigo and others

In today's edition of Traders Diary, Zee Business research team brings its exclusive research on 20 stocks that investors and traders can refer to while making their strategies in them. The research team of Senior Research Analyst Varun Dubey and Kushal Gupta recommends a buy, sell or hold strategy in cash stocks, futures and give their best picks for today.

Varun Dubey's Recommendations

Cash

Buy BSE Ltd Target Rs 625 STOP LOSS RS 595

September quarter results to be announced today; action expected

Impact of strong results from NSE

NSE Q2

Net Profit up 62% At Rs 1774 Cr Vs Rs 1095 Cr (YoY)

Revenue up 63.7% At Rs 3157.5 Cr Vs Rs 1929 Cr (YoY)

EBITDA up 79.5% At Rs 2439.2 Cr Vs Rs 1359 Cr (YoY)

EBITDA Margin At 77.25% Vs 70.45% (YoY)

H1 EPS Rs 70

Futures

Sell Marico Target Rs 525 STOP LOSS RS 548

Q2FY23 YOY 

Domestic volume growth at 3% (Est of 7-8% growth) 

Rev at Rs.2496cr vs 2419cr, up 3% (Est Rs.2489cr) 

Gross margins at 44% vs 43% 

EBITDA at Rs.433cr vs 420cr, up 3% (EST Rs.446cr) 

Margins at 17.3% vs 17.4% (Est 18%) 

PAT at Rs.307cr vs 316cr, down 3% (Est 320cr 

Options

Buy MGL 900 CE Target Rs 30 STOP LOSS RS 20

-CNG की कीमत में Rs 3.5/Kg की बढ़ोतरी 

-PNG की कीमत Rs 1.5/SCM बढ़ाए 

Tech

Buy IRCTC Target Rs 780 STOP LOSS RS 750

Strong on technical charts. Expect strong action

Funda

Buy Bank of Baroda Target Rs 150 STOP LOSS RS 142

Q2FY23, YoY, Standalone 

NII Up 34.5% to Rs 10174.5 cr v/s Rs 7566 cr ( Est 9130 cr )  

Profit Up 58.7% to Rs 3313.4 cr v/s Rs 2087.9 cr ( Est 2480 cr) 

Provisions Down 40.9% to Rs 1627.5 cr v/s Rs 2753.6 cr, YoY, Down 3.4% QoQ v/s Rs 1684.8 cr 

GNPA 5.31% v/s 6.26%, QoQ 

NNPA 1.16% v/s 1.58%, QoQ 

NIM 3.33% v/s 3.02%, QoQ 

Also Read: Stock Market Live: Sensex, Nifty likely to gain from positive SGX Nifty, weak Dollar Index; expect stock specific action in SBI, Titan

News

Buy Tata Motors Target Rs 434 STOP LOSS RS 421

Increased prices of passenger vehicles by average 0.9% 

My Choice

Sell Interglobe Target Rs 1760 STOP LOSS RS 1840

Revenue 12497.5 Cr Vs 12855.2 Cr DN 2.7% (Est: 12300 cr) 

EBITDAR 229.2 Cr Vs 717 Cr (est: 705 cr) 

Margin 1.8 % Vs 5.6% (Est: 5.7%) 

PAT Loss of 1583.3 Cr Vs Loss of 1064.2 Cr (Est: loss of 1040 cr) 

Buy Titan Target Rs 2820 STOP LOSS RS 2740

Rev at Rs.9163cr vs 7493cr, up 22%  (Est Rs.8681cr) 

EBITDA at Rs.1247cr vs 968cr, up 29% (Est 1141cr) 

Margins at 13.6% vs 12.9% (Est 13%) 

PAT at Rs.835cr vs 641cr, up 30% (Est Rs.768cr) 

Buy City Union Bank Target Rs 198 STOP LOSS RS 186

NII Up 18.7% to Rs 567.9 cr v/s Rs 478.3 cr ( Est 545 cr)  

Profit Up 51.8% to Rs 276.5 cr v/s Rs 182.1 cr ( Est 210 cr)  

Provisions down 29% to Rs 105 cr v/s Rs 148 cr YoY, Down 31% v/s Rs 152 cr QoQ  

GNPA 4.36% v/s 4.65% , QoQ 

NNPA 2.69% v/s 2.89% , QoQ 

NIM 4.09% v/s 3.95% , QoQ 

Best Pick

Bank of Baroda 

Kushal Gupta's recommendations

Invest

DCB Bank - Buy - 150

Duration - 1 year

~strong results and buy for long-term

 News

IGL - Buy - 432, Stop Loss - 417

-CNG prices up Rs 3.5/Kg  

-PNG prices up Rs 1.5/SCM  

 My Choice

Indraprastha Medical Corp - Buy - 76, Stop Loss - 70

strong results

Mahindra Logistics - Buy - 555, Stop Loss - 535

strong results

 ZF Commercial Vehicle - Buy - 10200, Stop Loss - 9800

strong results

 Best Pick

SBI - Buy - 618, STOP LOSS - 590

strong results