Tech Enhanced Investing

Tata Technologies shares climbed to Rs. 1006.05, marking a gain of 0.63% or 6.25 points over its previous close of Rs. 999.80 on the BSE. The stock opened at Rs. 1000.55, hitting a peak of Rs. 1016.85 and a low of Rs. 1000.55 during the session, with 24,038 shares traded so far.

This BSE 'B' group stock with a face value of Rs. 2 reached a 52-week high of Rs. 1400.00 on November 30, 2023, and a 52-week low of Rs. 970.55 on August 5, 2024. Over the past week, it saw highs of Rs. 1056.80 and lows of Rs. 994.80. Tata Technologies currently has a market cap of Rs. 40,558.74 crore. The company's shareholder breakdown includes 55.22% held by promoters, with institutions and non-institutional investors holding 7.06% and 37.72%, respectively.

The company recently joined forces with Air India to redesign its aircraft interiors, aiming to provide an elevated travel experience. This partnership aligns with Air India’s recent approval from the Directorate General of Civil Aviation (DGCA) for in-house aircraft modifications, marking an important step toward operational independence and enhancement.

With extensive experience in aerospace engineering, Tata Technologies will support Air India in designing, validating, and optimizing aircraft interiors, focusing on safety, comfort, and advanced technology. The collaboration leverages Tata Technologies' strength in materials engineering, design, and safety validation, ensuring an improved travel experience for passengers and operational efficiency for the airline.

Additionally, Tata Technologies will implement digital thread solutions and innovative MRO services, supporting Air India’s goals for operational efficiency, reduced downtime, and enhanced fleet reliability—benefits that contribute to both passenger safety and an upgraded travel experience.

DCX Systems’ stock surged to its upper circuit at Rs. 322.10, marking a gain of 15.30 points or 4.99% from its previous close of Rs. 306.80 on the BSE. The stock opened and traded consistently at Rs. 322.10, with a trading volume of 20,183 shares.

This BSE group 'B' stock, with a face value of Rs. 2, previously reached a 52-week high of Rs. 451.90 on July 3, 2024, and a low of Rs. 235.00 on March 13, 2024. Over the past week, it saw a high and low of Rs. 322.10 and Rs. 280.05, respectively, with a market cap of Rs. 3,417.34 crore.

In terms of ownership, promoters hold 57.12% of the company, while institutions and non-institutional investors own 8.65% and 34.23%, respectively.

The rise follows DCX Systems’ subsidiary, Raneal Advanced Systems, securing a $45.2 million (approximately Rs. 379.67 crore) export order from Lockheed Martin Global Inc. for electronic assemblies. This order is expected to be fulfilled within the next 12 months.

DCX Systems specializes in system integration, manufacturing cable and wire harness assemblies, and kitting services.

RITES shares are trading at Rs. 287.95, up by 2.30 points (0.81%) from its previous close of Rs. 285.65 on the BSE. Opening at Rs. 284.35, the stock has fluctuated between a high of Rs. 289.00 and a low of Rs. 282.05, with 39,702 shares changing hands so far.

A 'Group A' stock with a face value of Rs. 10, RITES touched its 52-week high of Rs. 413.08 on February 27, 2024, and its low of Rs. 217.68 on November 10, 2023. In the past week, the stock’s high and low were Rs. 298.60 and Rs. 271.45, respectively. RITES’ market cap stands at Rs. 13,838.99 crore.

Promoters hold 72.20% of the company’s shares, with institutional and non-institutional holdings at 12.83% and 14.97%, respectively.

On October 28, 2024, RITES secured a Letter of Acceptance (LoA) from the U.P. State Bridge Corporation for consultancy on construction supervision of bridges, rail overpasses, underpasses, flyovers, and elevated roads in various districts of Uttar Pradesh. The contract, valued at Rs. 59.13 crore (excluding GST), is set for completion in 36 months.

RITES is a multi-disciplinary consultancy firm specializing in transportation, infrastructure, and technology solutions, providing an extensive range of services under one roof and promoting technology transfer to client organizations.

Rail Vikas Nigam Ltd. (RVNL) shares are trading at Rs. 437.30 on the BSE, marking an increase of 4.60 points or 1.06% from the previous close of Rs. 432.70.

The stock opened at Rs. 432.85 and recorded a high of Rs. 441.75 and a low of Rs. 427.30. A total of 2,49,719 shares have been traded so far. RVNL, classified under BSE group 'A', has a face value of Rs. 10, a 52-week high of Rs. 647.00 (15-Jul-2024), and a low of Rs. 152.45 (01-Nov-2023).

This week, the scrip fluctuated between Rs. 453.00 and Rs. 408.60, with a market capitalization of Rs. 91,209.20 crore. Promoters hold 72.84% of the company, while Institutions and Non-Institutions own 11.38% and 15.79%, respectively.

Recently, Rail Vikas Nigam was selected as the lowest bidder (L1) by East Central Railway for a traction system upgrade in the Gomoh - Patratu section of the Dhanbad Division. The contract, valued at Rs. 186.76 crore, includes designing, supplying, erecting, testing, and commissioning traction substations and related systems within 540 days.

Rail Vikas Nigam specializes in various railway infrastructure projects, including new lines, track doubling, gauge conversion, railway electrification, metro developments, workshops, bridges, and institutional buildings.

Dixon Technologies' stock is trading at Rs. 14,460.00, marking an increase of 217.75 points or 1.53% from its previous close of Rs. 14,242.25 on the BSE.

The stock opened at Rs. 14,347.95, hitting a peak of Rs. 14,475.00 and a low of Rs. 14,211.15 during the session, with 11,816 shares traded. With a face value of Rs. 2, the BSE 'A' group stock hit a 52-week high of Rs. 15,999.95 on October 25, 2024, and a low of Rs. 5,080.00 on October 30, 2023. In the past week, the stock fluctuated between Rs. 15,999.95 and Rs. 13,055.30. The company's current market cap stands at Rs. 86,314.29 crore.

Promoters hold 32.89% of Dixon Technologies' shares, with institutions holding 45.83% and non-institutions holding 21.28%.

Dixon Technologies recently signed a Memorandum of Understanding (MoU) with Cellecor Gadgets, aiming to manufacture washing machines and related components for the latter. This collaboration will help Dixon expand its customer reach in the washing machine segment, while both companies aim for enhanced efficiencies and competitive growth through this partnership.

Cellecor Gadgets is recognized in the consumer electronics sector for its advanced, innovative technology. Dixon Technologies stands as India’s largest home-grown design-centric company, producing consumer durables, lighting, and mobile phones.

Chalet Hotels shares surged to Rs. 867.15, marking a rise of 30.85 points or 3.69% from the previous close of Rs. 836.30 on the BSE. 

The stock began trading at Rs. 832.00, reaching a high of Rs. 898.75 and a low of Rs. 804.90 during the session. A total of 28,208 shares have been exchanged on the counter so far.

In BSE’s Group 'A', Chalet Hotels has a face value of Rs. 10. The stock touched its 52-week high of Rs. 959.00 on March 28, 2024, and a low of Rs. 540.40 on October 31, 2023. Over the past week, its high and low stood at Rs. 898.75 and Rs. 804.90, respectively, with the company’s current market capitalization at Rs. 18,987.40 crore.

Promoters hold a 67.48% stake in the company, while Institutional and Non-Institutional investors hold 28.50% and 4.02%, respectively.

Other top gainers in Group 'A' on the BSE included DCB Bank, up by 3.58%, Thermax by 3.51%, and Laurus Labs by 3.32%.

Sun Pharmaceutical Industries’ stock is trading at Rs. 1860.10, marking an increase of 11.05 points or 0.60% from its previous close at Rs. 1849.05 on the BSE.

The stock opened at Rs. 1852.50 and reached a high of Rs. 1875.00, with a low at Rs. 1852.50. So far, 55,990 shares have been traded on this counter.

This Group 'A' stock with a face value of Rs. 1 recorded its 52-week high of Rs. 1960.20 on September 30, 2024, and a 52-week low of Rs. 1069.00 on October 31, 2023. Over the past week, the stock’s high and low were Rs. 1919.80 and Rs. 1832.50, respectively. Sun Pharma’s current market cap stands at Rs. 4,47,403.99 crore.

Promoters hold 54.48% of the company's shares, while institutional and non-institutional investors hold 36.62% and 8.90%, respectively.

In a significant development, Sun Pharma has signed a global licensing agreement with Philogen S.p.A to commercialize Philogen’s innovative cancer immunotherapy, Fibromun (L19TNF). This therapy, aimed at soft tissue sarcoma and glioblastoma, is currently in pivotal clinical trials conducted by Philogen. The agreement grants Sun Pharma exclusive global commercialization rights, with Philogen managing trials and regulatory filings. The companies will share revenue post-commercialization, with Sun Pharma receiving 55% and Philogen 45%. Additional financial details were not disclosed.

Previously, on May 30, 2023, Sun Pharma and Philogen announced a licensing agreement to commercialize Nidlegy, a specialty product for melanoma, in Europe, Australia, and New Zealand. The first application for Nidlegy’s marketing authorization was submitted to the European Medicines Agency (EMA).

Sun Pharmaceutical Industries holds a prominent position as the world’s fourth-largest specialty generic pharmaceutical company and India’s leading pharmaceutical firm.

Adani Wilmar's shares traded at Rs. 323.85, marking a drop of 4.83% or 16.45 points from its previous close of Rs. 340.30 on the BSE. The stock opened at Rs. 336.90, with the highest and lowest intraday levels recorded at Rs. 336.90 and Rs. 322.20, respectively. A total of 364,674 shares changed hands in today's trading.

This group 'A' stock, with a face value of Rs. 1, reached a 52-week peak of Rs. 410 on December 6, 2023, and a low of Rs. 285.85 on November 20, 2023. Over the past week, the stock’s high and low were Rs. 344.60 and Rs. 310.05, respectively, with the company's current market cap standing at Rs. 42,278.55 crore.

In terms of ownership, promoters hold a significant 87.87% stake, while institutional and non-institutional investors hold 1.02% and 11.12%, respectively.

For the quarter ending September 30, 2024 (Q2FY25), Adani Wilmar posted a net profit of Rs. 325.73 crore, reversing from a net loss of Rs. 87.04 crore in the same period last year. The company's total income surged by 19.65%, reaching Rs. 14,098.20 crore compared to Rs. 11,783.08 crore in the previous year.

On a consolidated basis, the company recorded a net profit of Rs. 311.02 crore for Q2FY25, compared to a net loss of Rs. 130.73 crore in the same quarter last year, with total income rising by 18.12% to Rs. 14,565.30 crore from Rs. 12,331.20 crore year-on-year.

Hindustan Unilever Limited (HUL) shares traded at Rs. 2523.85 on the BSE, marking a 0.84% rise of 20.90 points from the prior close of Rs. 2502.95. Opening at Rs. 2525.00, the stock reached a high of Rs. 2540.00 and a low of Rs. 2500.25, with 89,467 shares traded so far. 

The BSE-listed Group 'A' stock, face value Rs. 1, achieved a 52-week peak of Rs. 3034.50 on September 23, 2024, and a low of Rs. 2170.25 on April 16, 2024. Over the past week, it ranged between Rs. 2735.85 and Rs. 2453.10. HUL’s current market capitalization stands at Rs. 5,93,671.22 crore, with promoter holding at 61.90%, while institutional and non-institutional investors hold 26.33% and 11.77%, respectively.

In a recent board meeting on October 23, 2024, HUL’s Board of Directors decided to separate its Ice Cream segment, following an Independent Committee’s recommendations. This strategic shift allows HUL to focus on its core sectors like Beauty, Foods, Health, and Wellbeing while offering the Ice Cream business more agility to thrive independently. The final separation approach will be decided by year-end to maximize shareholder value.

HUL operates across Home Care, Beauty & Personal Care, and Foods & Refreshment sectors in the FMCG space.

Britannia Industries’ stock climbed to Rs. 5664.60, reflecting an increase of 50.25 points or 0.90% from its previous close at Rs. 5614.35 on the BSE. The stock opened at Rs. 5599.05 and reached a high of Rs. 5706.25, with approximately 4,094 shares traded.

This BSE 'A' category stock, with a face value of Rs. 1, hit a 52-week high of Rs. 6473.10 on October 3, 2024, and a low of Rs. 4349.95 on November 1, 2023. Over the last week, it fluctuated between Rs. 5905.40 and Rs. 5599.05. The current market capitalization stands at Rs. 1,36,192.96 crore, with promoters holding 50.55% of shares, while institutional and non-institutional investors hold 34.14% and 15.31%, respectively.

In a recent development, Britannia invested Rs. 87,50,000 to acquire an 8,75,000 equity share stake, amounting to 6.04%, in Suryaurja One. This strategic investment supports Britannia's shift to renewable energy for its Bidadi, Karnataka factory, in line with regulatory mandates for captive energy users under electricity laws.

Renowned for its popular food brands like Good Day, Tiger, NutriChoice, Milk Bikis, and Marie Gold, Britannia continues to strengthen its position as one of India's most trusted names in the food industry.