Top 4 stocks of the day : As the new trading week begins, some of the stocks are making huge noise among investors. So, let’s try to peek into what’s happening with the top 4 stocks of the day!! That is along with their potential for an action and pro-tips for this Monday.
1. Zomato (₹278.90 as of Nov 25)
Zomato has been doing reasonably well lately with some smart moves and decent performance. Its stock has risen by a whopping 137% in the last one year, all thanks to solid growth in its main food delivery business and some new initiatives. Recently, they revealed they were buying Paytm’s entertainment ticketing arm for ₹2,048 crore, which is a big step into a new service area.
Also, Zomato is joining the BSE Sensex in December, which has really boosted investor confidence. It is taking over from JSW Steel and now Zomato is the second company from the food tech and hotels scene to get into India’s benchmark index.
Quick Analysis:
Pros: It is continuously coming up with cool new stuff. Analysts are pretty optimistic and believe it will hit around ₹ 300-₹ 320 shortly.
The risks:
Due to regulatory issues like a long investigation of anti-competitive behavior, it could be volatile.
What to Watch:
If the stock breaks ₹280, it could gain momentum and test its 52-week high of ₹298.
2. CESC (₹174.50 as of Nov 24)
Notably, CESC has remained stable with strong and stable revenue streams. Its latest quarterly profits are well-supported by a strong customer base and smart cost management, while its forays into renewable energy have been pretty interesting, as everyone is all about sustainable energy these days.
Also, those recent updates about tariffs could really help its financials. If you’re looking for dividends, CESC is still a great choice with a solid yield.
Quick Analysis:
Pros: CESC’s utility business ensures steady cash flows, making it a good pick in any kind of market volatility.
Risks:
Growth may be lagging behind others that are going all in on expanding in renewables.
What to Watch:
The stock could gain traction if the company announces new renewable energy projects or favorable tariff revisions.
3. HCL Tech (₹1,893 as of Nov 25)
HCL Technologies has really held its own in the IT scene of India. The company has a new big digital transformation deal in Europe, which would bring in some serious case over the next few quarters. Also, this work is going on by focusing on AI solutions, which sets up HCL well for good growth in this world of tech.
The IT sector is usually a reaction to global trends, and HCL may be tilted on the performance based on cues from the Nasdaq and the Federal Reserve’s updates regarding interest rate policy.
Quick Analysis:
Pros: Strength in deal wins plus emphasizing AI-driven solutions would continue to keep HCL Tech ahead of its peers.
Risks:
Currency fluctuations and global macroeconomic uncertainty could pressure margins.
What to Watch:
If global tech indices remain strong, HCL Tech could aim to break past the ₹1,200 resistance level.
4. Adani Group Shares
Adani Group stocks, although with a mixed vibe, still attract a lot of attention-including Adani Enterprises at ₹2,400 as of Nov 25. Some charges of financial management surfaced in the company earlier this year, prompting an all-round scrutiny of the entire conglomerate, but they are really taking it to international investments and growing green energy.
Adani Green Energy looks quite good while planning major solar and wind energy projects. At the same time, Adani Ports continues to expand its footprint in key logistics hubs in India and abroad.
Quick Analysis:
pros: Diversification and strong government support for renewable energy projects are completely revving up Adani stocks.
Risks:
A regulatory or macroeconomic shock could cause short-term volatility.
What to Watch:
Any announcements related to foreign investments or project milestones could act as catalysts for sharp movements in Adani Group stocks.
Key Takeaways for Monday
- Zomato: Carry will be seen around its resistance level of ₹280. Incorporation into the BSE Sensex might attract institutional buyers.
- CESC: Slow but sure; catalysts of change could be updates on renewable projects.
- HCL Tech: Breakout above ₹1,200 could lead to sharp upside, driven by its European deal.
- Adani Group – This is always an area to watch for the commencement of new projects or investments.
Pro Tip 💡
At the same time, it is worth balancing excitement with caution. Good stocks, although it promises, put them only according to your risk appetite and long term goal. So stay informed and trade wisely.
Have a great week ahead!
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Disclaimer: Demat Dive is not giving any buying advice on any stock. Consult a SEBI registered advisor before investing anywhere.
