WEEKLY TRENDSETTER (MAY 30,2025)
| 2025 | MAY 16 | MAY 23 | Ch % |
| NIFTY | 25019 | 24853 | -0.66 |
| BANK NIFTY | 55355 | 55398 | 0.08 |
| USD/INR | 85.60 | 85.23 | -0.43 |
MARKET REVIEW-The week opened on a subdued note before some recovery was seen mid-week only to give up all the gains and finally it closed with a flourish raising hopes for a better week ahead. Both bulls and bears were on tenterhooks as movement was hugely volatile.
BACK TO RESULT SEASON
March quarter results are 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 March,24 quarter.
| Company | Revenue | Net profit |
| BSE Limited | 917(+68) | 478(+482) |
| Bliss GVS | 198(-) | 17( -5 loss) |
| Graphite | 666(-7) | 49(+206) |
| GSFC | 1922(-2) | 68(+195) |
BSE -The premier stock exchange has been a star performer on the bourses in the past 2 years with stellar returns to investors. The March quarter was another splendid show with soaring revenue and profits and an EPS of Rs 36 for the quarter. The company declared a bonus in the ratio of 2:1 and was trading ex-bonus at close of week. The equity stands at Rs 81 cr post the bonus which would result in the EPS getting diluted to Rs 12. With equity culture on the rise and only 2 premier exchanges catering to the requirement of investors and traders, the stock could see investor appetite at lower levels.
Bliss GVS (126) -A leading manufacture of suppositories and pessaries the company has seen a steady growth over the years. The March quarter has seen growth maintained. However, due to an exceptional write -off in the corresponding previous quarter the March quarter profits look inflated. At current levels the stock trades at a reasonable P/E of 15.
Graphite India (539)– The company (GIL) is a pioneer in India for manufacture of graphite electrodes as well as carbon and graphite speciality products. GIL’s manufacturing facilities are spread across 6 plants in India and it has also got a 100% owned subsidiary at Nuremberg, Germany, by name Graphite COVA GmbH.The company has a capacity of 98000 tons pa. However, the company has a track record of erratic earnings. Last week there was news that Resonac, a Japanese company shut shop its operations in Malaysia and China due to influx of low-cost electrodes from Chinese producers. This is expected to see firming up of prices in the products which could brighten prospects for companies like Graphite and HEG.Lower levels have attracted buying.
GSFC (202)-The company is a superhouse of products of the agri sector which includes fertilizers (DAP), caprolactum, methanol, micro-nutrients, soil conditioners. Performance of the company has been erratic not withstanding the potential it has. The March quarter saw a steady set of numbers. EBIDTA margin at 6-7% has scope to further improve which could see a bumper bottomline. For FY25 the company has come out with EPS of Rs 14.83. At current levels the scrip looks attractively priced.
NIFTY –The index saw a hurdle around 25000 and any attempt to go past it was arrested. The closing offers hope for a dash past 25000 next week with monthly expiry also on cards. On the lower side 24800 should ideally hold.
BANK NIFTY-The index was relatively strong as dips below 55000 were bought into. The level of 56098 touched last month looks within touching distance and an attempt is likely to go past that. Support should again come at around 55000.
STOCK PICKS
KSCL (1464)-The scrip has been on a bull run. It touched a life time high of 1601before cooling off. However, after touching a low of 1200, it has resumed its uptrend. Accumulation could be considered for a possible price target of 1700 in the coming weeks.
HEG (496)-The scrip has seen a steady rise from 400 and again re test levels of 550 in the coming days. Accumulation could be done for target of 600.
Wishing all readers a great week ahead!
Note: Any queries /clarifications may be addressed to stockmasala@gmail.com .
Krish Subramanyam