WEEKLY TRENDSETTER ( OCT 31,2025)
| 2025 | OCT 17 | OCT 24 | Ch % |
| NIFTY | 25709 | 25795 | 0.33 |
| BANK NIFTY | 57713 | 57699 | -0.02 |
| USD/INR | 87.95 | 87.76 | -0.22 |
MARKET REVIEW-The truncated week saw gains in the early part but towards close most of the gains were wiped out. The broader market in any case was not part of the rise in indices.IT made a good comeback on the back of reasonably good result flow. The coming week will have monthly expiry. The mood still looks circumspect as portfolios have lot of catching up to do.
BACK TO RESULT SEASON
Sept quarter results are trickling in. 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 |
| Anupam Rasayan | 588(+207) | 41(+192) |
| Orient Electric | 1049(+9) | 12(+20) |
| Kajaria Ceramic | 1185(+0.6) | 133(+51) |
| Cigniti Tech | 567(+13) | 83(+56) |
Anupam Rasayan (1091)-The company operates in 2 verticals -Life Science related speciality chemicals which consists of agrochemicals, personal care and pharma. In all these the company manufactures intermediates. This vertical accounts for 88% of the revenue. In the 2nd vertical the company manufactures performance materials where polymer, electronic chemical and dyes and pigments are manufactured. The company has come out with impressive set of numbers for the Sept quarter which follows a good June quarter as well. With an EPS of 3.6 for the quarter the company seems to be on a high growth path. Interest costs are still high and debt should ideally decrease in the coming quarters. The scrip has had a strong run from 850 to 1150 in the last few months. At current levels it looks well price though on a decent correction it should see strong investor interest.
Orient Electric (210) -The company is an established brand and has presence in domestic appliances like fans, lighting, air-coolers, water heaters, kitchen appliances, switchgears, etc. Historically this company has enjoyed low margins which probably could be due to goods trading as well. However, with GST sharply reduced in this segment the coming quarters should be keenly watched as buoyant demand could boost margins. The company has posted an EPS of Rs 0.57 for the quarter. At current levels the scrip looks well priced
Kajaria Ceramics (1207)-The company has seen a lean period for several quarters with negligible growth in revenue and profits have also been flat. The Sept quarter has seen a smart growth in profits which will raise hopes for the coming quarters. The company has 3 verticals-Tiles, bathware and tile adhesives. While it has been adding capacities regularly, a strong growth should see the company again on a growth path as it has a good brand recall value as well. With an EPS of Rs 8.35 for the quarter. With the consumption story expected to see a revival, the coming quarters will be keenly watched to assess if this growth is sustainable.
Cigniti Tech (1673) –The company has presence in digital assurance, digital engineering services, IP and innovative platforms. Operationally the quarter has seen some moderation in profits though it got a boost in the form of another income. It has seen a steady growth in revenue and profits in the last few years and with its presence in AI related verticals, the company looks poised to ride the trend. With an EPS of Rs 30 for the quarter and steady growth the stock looks attractively priced.
NIFTY –The index managed to go past 26000 briefly but with a handful of stocks lending support, profit taking saw a sharp pull back and levels of 25800 were revisited and before expiry looks like another 200 points downsides could be expected.IT and pharma could see some revival on the back of steady results and that could lend support to the index in the coming weeks. Range of 25600- 26000 could be expected for the week.
BANK NIFTY-The index managed to outperform Nifty and did race to an all-time high. However, with heavyweight HDFC Bank running out of steam and ICICI Bank also underperforming, the index failed to hold on to gains and lost all the gains of the week and closed marginally in the negative for the week. The performance of the index again will be largely dependent on the private sector banks and thus a range of 57000-58000 could be expected in the coming week.
DIWALI PICKS
Datamatics Global (902)-The stock saw a strong breakout in July from levels of 650 to 1100 before a correction to 900.However, indications are that that the uptrend should resume and buying at dips could be considered for a possible price target of 1000.
IFCI – (55) -The stock saw a surge from 36 to 74 before some profit taking took it down to levels of 50. However, the stock should see resumption of the uptrend and levels of 70 could be revisited in the coming weeks.
Wishing all readers a good week ahead!
Note: Any queries /clarifications may be addressed to stockmasala@gmail.com .
Krish Subramanyam