WEEKLY TRENDSETTER ( NOV 28,2025)
| 2025 | NOV 14 | NOV 21 | Ch % |
| NIFTY | 25879 | 26068 | 0.73 |
| BANK NIFTY | 58382 | 58867 | 0.83 |
| USD/INR | 88.65 | 89.27 | 0.70 |
MARKET REVIEW-The week was a mixed one as the US markets saw some strong profit taking led by an AI overvaluation scare and the sentiments spilled over to global markets and in that context India did relatively better though broader market was weak. With monthly expiry early next week, the market will move to the last month of the year which has largely been range bound.
BACK TO RESULT SEASON
Sept quarter results are almost getting over. Let’s explore some of them to get cues of where the stocks could be heading.
Rs in cr, Bracket indicates ch in % against Sept,24 quarter. Loss as in absolute number
| Company | Revenue | Net profit |
| Meghmani Organic | 558(+4) | 43(+377) |
| Syrma SGS | 1232(+125) | 65(+306) |
| TVS Electronics | 128(+21) | 2(-1) |
| Sequent Scientific | 424(+14) | 20(+233) |
Meghmani Organic (69)-The company operates in 4 segments -crop protection, crop nutrition and pigments. It is entering into manufacture of titanium dioxide (import substitute) which will be done by KCL (Kilburn Chemicals Ltd) which was acquired by Meghmani Organic. The Sept quarter has been steady one and with an EPS of Rs 1.69 for the quarter the current FY could end up with EPS close to Rs 10. The company looks interesting poised for growth though the price suggests further downside. However closer to levels of 60-63 it would be an interesting bet.
Syrma SGS (835)-The company ‘s results were impressive but the acquisitions made by the company throws some light on the future outlook. It acquired 60% stake in Elcome which provides navigation, survilliance, communication and such solutions to armed forces and has a topline of Rs 200 cr and EBIDTA margin of 24-25%. Another acquisition was in the solar inverter space. The company has already registered export turnover of Rs 500 cr for the first 6 months. With an EPS of 3.5 for the quarter the counter has been attracting buying at lower levels.
TVS Electronics – (575) -The company has always had high potential over its period of existence but not really translated into performance. It reported another lack lustre Sept quarter. However, there are some interesting developments to take note off. The company launched ‘TVSE Aikya’, a next-generation platform for AI-powered Infrastructure Managed Services (IMS), aimed at proactive and intelligent IT infrastructure support. The company is investing between Rs 50-75 cr to expand its EMS business by increasing the number of SMT (Surface Mount Technology) lines.
The company plans to scale up its SMT lines from the current one to four-six, with a target of achieving this by 2028. The expanded EMS division will target sectors such as defence, railways, auto manufacturing, industrial engineering, telecom, pharma, and green energy.
All these positive news flow has triggered strong buying every now and then only to peter out subsequently. However, the company holds promise as it hails from a strong group known for innovation. Ideally buying at dips could be considered.
Sequent Scientific (238)-The company operates in Animal Health market with a global footprint. It has seven manufacturing facilities based in India, Spain, Brazil and Turkey with approvals from international regulatory bodies, including USFDA, EUGMP, WHO, TGA, etc. It currently produces APIs and animal health formulations. It has come out with another strong set of numbers and for the 6-month period it has posted EPS of Rs 1.16. The company’s niche presence makes it an investment candidate for the long run though valuations look stretched.
NIFTY –The index failed to close above 26100 for the week but the bulls will still be hopeful. Odds are high that Dec will see an all-time index past 26277. However, this rally has been largely due to a handful of stocks and the participation of the rest of the Nifty constituents should ideally follow.
BANK NIFTY-The index hit 59440 before slipping to close below 59000.Here again HDFC Bank has largely contributed followed by SBI. The PSU banks have had a decent calendar year and look like ending the year with further gains. Odds are high that 60000 should be touched in the month of Dec and support should ideally come at around 58000-300.
STOCK PICKS
RAMCO CEMENT (1010)-The stock has seen a decent correction from levels of 1209 and taken good support around 1000 levels. Accumulation could be considered for a possible target of 1070.
DLF (725) -The stock has been witnessing selling pressure and is now trading below the 200-dma. Going into expiry volatility could be expected. Closer to levels of 740 selling could be considered for a possible target of 670 in the coming weeks.
Wishing all readers a good week ahead!
Note: Any queries /clarifications may be addressed to stockmasala@gmail.com .
Krish Subramanyam