Market Outlook Report 24-12-2020 by Imperial Finsol Pvt. Ltd.

MARKET OUTLOOK REPORT

Figure. Nifty50 Intraday chart

Index Previous close Open High Low Close Change %

Nifty 50 13601.10 13672.15 13771.75 13626.90 13749.25 +1.09%

Sensex 46444.18 46743.49 47053.40 46539.02 46973.54 +1.14%

Nifty opened with positive Gap up Today at 13672.15 on 24th December 2020, Index made a Day Low of 13626.90 when first half session was going to close, index was very bullish today and gave a wonderful Bull Run whole day and made a day high of 13771.75 and closed at very important level 13749.25, Index taking resistance of 13800.

www.imperialfin.com [email protected] +91-9595889988

24th December 2020

mailto:[email protected]

Sectorial Performance

0.47%

1.74%

1.81%

0.44%

0.66%

0.76%

0.33%

1.22%

0.43%

0.00% 0.20% 0.40% 0.60% 0.80% 1.00% 1.20% 1.40% 1.60% 1.80% 2.00%

AUTO (8,978.05)

BANK (30,402.25)

FINANCIAL SERVICE (14,779.60)

FMCG (34,115.65)

IT (24,009.25)

MEDIA (1,638.15)

METAL (3,144.30)

PHARMA (12,908.95)

REALTY (299.25)

SECTORS CHANGE %


24th December 2020


Top Trending News PFIZER: FRENCH MEDICIAL REGULATOR GIVES GREEN LIGHT TO PFIZER-BIONTECH COVID-19 VACCINE

DELHI: A DELEGATION OF 60 FARMERS BELONGING TO KISAAN MAJDOOR SANGH, BAGHPAT MEETS UNION AGRICULTURE MINISTER NARENDRA SINGH TOMAR AT KRISHI BHAWAN

SUN PHARMA: PROMOTER RELEASES PLEDGE ON 12 LAKH SHARES ON DEC 21

INDIAN METALS: CO SAYS CAPACITY OF OLD POWER PLANT OF 108 MW HAS BEEN DERATED TO 50 MW. CO’S THERMAL POWER GENERATION CAPACITY REDUCED TO 200 MW FROM 258 MW

DLF: CO'S NEWLY LAUNCHED PROJECT HAS COMPLETELY SOLD OUT || CO EXPECTS TO GET RUPEES 3B FROM THIS PROJECT

MRS BECTORS: CO EXEC SAYS CO HAVE 4.5% MARKET SHARE IN NORTH INDIA || H1FY21 EBITDA MARGINS AT 17%, LIKELY TO SUSTAIN

BEML: GOVT OFFICIAL SAYS PANEL OF SECRETARIES LIKELY TO APPROVE NEXT WEEK CO’S INITIAL BID TERMS

SJVN: GOVERNMENT OF HIMACHAL PRADESH ALLOTTED PROJECTS TOTALLING 501 MW TO CO

ADANI POWER: CO HAS ENTERED INTO A SHARE SALE AND PURCHASE AGREEMENT TO ACQUIRE FROM AES OPGC HOLDING AND AES INDIA PRIVATE LIMITED

NMDC: NO EXPORT DUTY IMPOSED ON INDNAN IRON PELLETS

24th December 2020



Stocks in Action

24th December 2020


4.01% 3.99%

3.05% 3.00%2.59%

0.00%

1.00%

2.00%

3.00%

4.00%

5.00%

AMBUJACEM TATAMOTORS CADILAHC AXISBANK ONGC

TOP GAINERS

1.62%

1.36% 1.34% 1.25% 1.20%

0.00%

0.20%

0.40%

0.60%

0.80%

1.00%

1.20%

1.40%

1.60%

1.80%

HDFCAMC INFY LTI PEL DLF

TOP LOSERS


Corporate Actions

Opto Circuits Limited (AGM Annual General Meeting 24th December)

IVRCL Limited (AGM Annual General Meeting 24th December)

Gujrat Raffil Industries Limited (Extra Ordinary General Meeting 24th December)

FII/DII/FPI ACTION IN CAPITAL MARKET

Category Date Buy Value Sell Value Net Value

DII 23 Dec 2020 4040.67 cr 5367.59 cr -1326.92 cr FII/FPI 23 Dec 2020 5365.66 cr 4829.53 cr 536.13 cr

The following is combined Domestic Institutional Investors trading data across NSE, BSE and MSEI collated on the basis of trades executed by Banks, DFIs, Insurance, MFs and New Pension System.

24th December 2020



Top Picks for Tomorrow

MIDHANI. Sector: Steel & Iron Products.

Important Parameters:

MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH DEBT CASH 3857.33 CR. 29 7.07 0.29 % 22.41 % 133.63 CR 110.90 CR

FUNDAMENTALS

Company has been maintaining healthy ROCE of 22.71% over the past 3 years.

Company has a healthy Interest coverage ratio of 28.74.

The Company has been maintaining an effective average operating margins of 25.02% in the last 5 years.

Company has a healthy liquidity position with current ratio of 2.17.

The company has a good cash flow management; CFO/PAT stands at 1.21.

Stock Current market price

Positional

target

MIDHANI

200

240

24th December 2020



COCHINSHIP. Sector: Ship-Docks.

Important Parameter

MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH DEBT CASH 4676.26 CR 8.21 42.58 15.41 % 18.63 % 123.0 CR 2175.92 CR

FUNDAMENTALS.

The company has shown a good profit growth of 25.64% for the Past 3 years.

The company has shown a good revenue growth of 18.46% for the Past 3 years.

Company has been maintaining healthy ROCE of 23.24% over the past 3 years.

Company is virtually debt free.

Company has a healthy Interest coverage ratio of 18.42.

Stock Current

market price

Positional target

COCHINSHIP 350 400

24th December 2020



Disclaimer

This document has been prepared for IMPERIAL FINSOL PVT. LTD . by Mr. Praveen Dubey NISM (201800048686) is a Research Consultant for Imperial Finsol Pvt. Ltd. This Market Outlook is intended for use only by the person or entity to which it is addressed to. This Document may contain confidential and/or privileged material and is not for any type of circulation and any review, retransmission, or any other use is strictly prohibited. This Document is subject to changes without prior notice. This document does not constitute an offer to sell or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Though disseminated to all customers who are due to receive the same, not all customers may receive this report at the same time. Imperial Finsol Pvt. Ltd. Does not carry any responsibility in case to whomsoever using the information of this newsletter content and data

24th December 2020


https://www.imperialfin.com/


Market Outlook Report 24-12-2020 by Imperial Finsol Pvt. Ltd.

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Transcript of Market Outlook Report 24-12-2020 by Imperial Finsol Pvt. Ltd.