WEEKLY TRENDSETTER ( AUG 22,2025)
| 2025 | AUG 8 | AUG 15 | Ch % |
| NIFTY | 24363 | 24631 | +1.10 |
| BANK NIFTY | 55004 | 55341 | +0.61 |
| USD/INR | 87.7 | 87.53 | -0.19 |
MARKET REVIEW-The markets were sluggish for most part of the week. After a 6 week fall, it did manage to close with some gains. The Trump -Putin meeting may not be much of a trigger but the promise to relax GST on several category of items before Diwali should provide a good trigger for markets next week. The broader market has been mixed as stocks reacted to corporate results which have so far been on a mixed note.
BACK TO RESULT SEASON
June quarter results are almost coming to an end. Let’s explore some of them to get cues of where the stocks could be heading.
Rs in cr, Bracket indicates ch in % against June,24 quarter.
| Company | Revenue | Net profit |
| Mirza Intl | 142(-1) | 18(+1700) |
| Visaka Inds | 506(+10) | 52(+420) |
| Ventive Hospital | 507(+107) | 38(-32) |
| GE Power | 287(-33) | 32(+390) |
Mirza Intl (32)-The company’s integrated operations include in-house tannery, design studios and manufacturing units. While it also has an international brand of its own its products are also available at 3rd party stores and various other online platforms. The global presence extends to across 28 countries and 84% of the revenue contribution comes from exports. On the performance front the company has been going through a rough patch in the last few years post Covid with a sharp fall in revenue and profitability. The June quarter is showing some sparks of revival. The bottom line has largely been boosted by a huge exceptional income of Rs 18.6 cr. From recent lows of Rs 25 the stock has bounced back to Rs 32.
Visaka Inds (83) -The company was largely known for manufacture of cement roofing sheets. However, in the last few years with the advent of superior products the company had to reinvent itself. It has entered hybrid solar roofs and fibre yarn. The company markets VNext premium planks which is a modern version of the cement boards. There are signs of improvement. The bottom line has also been boosted by a hefty other income component of Rs 36.7 cr which has helped to boost EPS for the quarter to Rs 6. The stock is on a grinding recovery mode.
Ventive Hospitality (711)-The company currently offers 11 fully operational hotels with 2000 + rooms across business and luxury segments. It also manages 3.4 million square ft of commercial and retail spaces. It mainly operates in Pune and Maldives. The company went public a few months back at an offer price of Rs 643.The June quarter results has seen a sharp rise in revenue and also seen the company making a strong return to black from being in the red in the corresponding previous quarter. However, with an EPS of Rs 1.15 for the quarter valuation is a matter of concern and the stock could be an underperformer till investor comfort returns.
NIFTY –The index managed to turn positive on a weekly basis and finally closed above 24600. The upmove still looks unconvincing but a sustained close above 24800 for the week could trigger a decent uptrend upto 25100.Support ideally should come at around 24400-450.
BANK NIFTY-The index managed to recover from the brink and closed above 55300.However the recovery still looks uncertain and week low of 54950 will be critical. One the higher side levels of 55800 is likely.
STOCK PICKS
Hind Zinc (426)–The stock has been resilient in the past few weeks of market correction and has also taken support at long term averages at around 420.Accumulation could be considered for a possible target of 460 in the coming days.
JM Fin (186) –The stock has raced to an all time high of 186.In the near term it looks stretched. Ideal zone for entry is 175-80. Accumulation could be considered for a possible target of 200 in the coming days.
Wishing all readers a great week ahead!
Note: Any queries /clarifications may be addressed to stockmasala@gmail.com .
Krish Subramanyam