MoneyMaker Research News - Best Stock Tips for Tomorrow (22nd August)

Research Head (MONEY MAKER RESEARCH & INVESTMENT ADVISOR PVT LTD) is having a view that one can go short in Apollo Hospitals.

“Apollo hospital is looking weak on Daily Charts. I would recommend selling below Rs 1050 & expecting it to test Rs 1020 level in upcoming week; keeping stop loss below Rs 1095."

It is giving a sense of a strong bear pattern and that could go much lower.

Apollo Hospitals Q1 net profit dips 51% at Rs 35.21 cr which will add more downside to it in upcoming week.

Futures of Apollo Hospitals Enterprise were trading 1.78 per cent down at Rs 1,054 on NSE.

Best Stock Tips By MoneyMaker Research - V-Mart Retail gallops 19%

The stock of V-Mart Retail Ltd took a high pitch by 19% to Rs 1,459 on BSE in intra-day trade today. The huge leap was after the V-Mart reported a double net profit of Rs 22.00 crore in June Q1FY18, on account of robust operational performance. The company had profit of Rs 9.37 crore in year ago quarter. V-Mart Retail had announced a net profit of Rs 39.52 crore during the entire previous fiscal 2016-17. 

The shares of V-Mart Retail were trading at Rs 1429.50 per share, up by Rs 208.90 as on post morning hours on Monday, on the BSE. The stock was traded at its new 52-week high of Rs 1,458.80 witnessing a surge in volume by over 8.62 times. The stock caught a traded volume of 2,40,281 shares and the traded value of Rs 3,383.25 lakh on the NSE.

The company’s Retail standalone revenue for the quarter came in at Rs 315.12 crore, registering 38.8% year on year increase. The profit after tax for the quarter registered in at Rs 22.35 crore. The company is engaged in value retailing through the chain of stores located at different places in India, offering products across diverse verticals, viz. Apparel, General Merchandise and kirana bazaar.

PC Jeweller Share ideas for Tomorrow by Research Head Money Maker

Research Head (MONEY MAKER RESEARCH & INVESTMENT ADVISOR PVT LTD) is having a view that one can go long in PC Jeweller.

“PC JEWELLERS Future is the stock which I would recommend to buy above Rs 378; I would still look at levels of around Rs 388-390 as a trend & put stop loss of below Rs 366.”

According to industry sources, unorganised units and small jewellery makers may join hands with the relatively better-positioned brands through franchises, thereby leading to consolidation and market share gains for the organised entities.

From Jewellery industry PC Jeweller is in focus as Crisil upgrades their long-term rating recently which will add fuel to it.