MoneyControl India Stocks of the Day (March 2024)

adminApril 19, 2024

money control It is India’s leading financial and business portal that does the job in short. (about 4 minutes) Stock of the Day Video Presentation Indian Stock Recommendations.

Indian stocks were introduced. March Today’s videos covered in this post (from newest to oldest) are:

Bosch Ltd, Coal India, Ami Organics, Coforge, Shivalik Bimetal Controls Ltd, Aditya Birla Capital, Protean eGov Technologies Ltd, NTPC Ltd, Metro Brands, Vijaya Diagnostic Centre, Ramkrishna Forgings Ltd, Balaji Amines Ltd, Control Print, Sirca Paints, V Guard Industries Ltd, Cyient and Aavas Financiers

General elections will be held in India from today until June 1, 2024 to elect 543 members to the 18th National Assembly. The elections will be held in seven phases and the results are expected to be announced on June 4, 2024, with Narendra Modi’s Bharatiya Janata party hoping to secure a majority in parliament.

As discussed in more detail recently: post Investors who cover Korean stocks and are introduced in the book Warren Buffett Next Door: The World’s Best Investor You’ve Never Heard Ofi include Price/Book (most recent quarter) Yahoo! Financial statistics page in the post.

And as mentioned earlier:

Strategy Tips
Rees has a warning for investors: Don’t confuse his tangible asset value with the book value figures commonly quoted on dozens of websites.include yahoo finance. Book value can be inflated by intangible assets such as goodwill or old inventory. “The book value is so unstable and soggy.” Reese says:

Nonetheless, these are quick and dirty statistics that can help you decide whether a stock is worth further investigation and perform some of the more complex tangible equity calculations performed by the investors featured in the book.

It’s worth mentioning again that Indian stocks always tend to have high valuations, but at least three of the stocks in this post are actually trading at double-digit Yahoo! Jae Won Price/Book (most recent quarter) None of the other stocks have a ratio below 1.00 (unlike the Korean and some Chinese stocks covered in previous posts). The lowest ratio is 2.12..

However, Yahoo! Finance provides the following data:

Amazon.com (NASDAQ: AMZN)price/book is It is 9.24 and the Forward P/E is 42.37.
netflix (NASDAQ: NFLX)Price/Book is 12.83 and Forward P/E is 35.46.
NVIDIA Corporation (NASDAQ: nvidia)Price/Book is 49.25 and Forward P/E is 35.09.
tesla (NASDAQ: TSLA)Price/Book is 7.62 and Forward P/E is 50.76.
walmart inc (NYSE: WMT)Price/Book is 5.69 and Forward P/E is 25.19.

It is up to you to decide whether this assessment is justified.

To make your life easier, this post includes:

IR page link and Yahoo! This is a brief explanation of stock prices. Jae Won.
Link to Wikipedia page (for what it’s worth…)
that much MoneyControl stock headlines of the day and their summary What makes stock picking interesting.
embedded video (Again, they are usually 4 minutes long).
It is the price/book (most recent quarter) ratio plus the forward or trailing P/E plus the dividend yield tied back to Yahoo! This is a financial statistics page.
The latest long-term technical charts financial resources linked back to Yahoo!

And as always, this post Provided for informational purposes only (And to make your life easier by providing relevant information, links and charts). This does not constitute investment advice and/or recommendations…

Bosch Corporation (NSE: Bosch LTD / spring: 500530) A leading provider of technology and services in the field. Mobility solutions, industrial technology, consumer goods, energy and building technology. Bosch also has the largest development center outside Germany for end-to-end engineering and technology solutions in India.

Bosch Group operates in India through: 12 companies: Bosch Limited – flagship company of Bosch Group in India – Bosch Chassis Systems India Private Limited, Bosch Rexroth (India) Private Limited, Bosch Global Software Technologies PVT LTD, Bosch Automotive Electronics India Private Limited, Bosch Electrical Drives India Private Limited, BSH Home Appliances Private Limited, ETAS Automotive India Private Limited, Robert Bosch Automotive Steering Private Limited, Automotive Services and Solutions Private Limited, Newtech Filter India Private Limited and Mivin Engg.Technologies Private Limited.

In India, Bosch established its manufacturing operations in 1951 and has grown over the years to include 17 manufacturing sites and seven development and application centers.

Price/Book (most recent quarter): 7.62
Forward P/E: 45.25 / Annual Dividend Yield: 1.62% (Yahoo! Jae Won)

state-owned coal mining company coal india (NSE: Colindia / spring: 533278) Established in November 1975. In the year CIL was founded, it recorded a small volume production of 79 million tons (MT) and currently has World’s largest single coal producer It is one of the largest corporate employers with a workforce of 239,210 (as of April 1, 2023). CIL functions through subsidiaries in 83 mining districts across eight states in India. Coal India Limited has 322 mines (as on April 1, 2023) of which 138 are underground mines, 171 are open pit mines and 13 are mixed mines and it also manages other facilities like workshops, hospitals etc. . CIL has 21 training institutes and 76 vocational training centres. Indian Institute of Coal Management (IICM), a state-of-the-art management training ‘Centre of Excellence’, is India’s largest corporate training institute and operates under CIL and conducts programs in various fields.

CIL is Maharatna Corporation – A privileged position in which the Government of India selects state-owned enterprises to expand their operations and help them grow into global giants. The Select Club has only 10 members out of over 300 central public sector enterprises across the country.