Brief Summary
This video discusses important updates and news regarding several Indian stocks, including Railtel, BSE, GRC, Swiggy, IRADAC, and IRCTC. It covers recent orders, upcoming results, technical levels, and brokerage recommendations, while also cautioning viewers about potential risks and the importance of fundamental analysis.
- Railtel received a significant order from BSNL and is currently undergoing a correction despite good performance.
- BSE's results are due soon, and while the company is fundamentally strong, its valuation is a bit expensive.
- GRC has signed an agreement with a German company for manufacturing marine products and is expected to release its results soon.
- Swiggy's performance is weak, and viewers are cautioned against following brokerage recommendations without proper due diligence.
- IRADAC's recent performance has been poor, and key support levels are identified.
- IRCTC's results are expected soon, and recent shareholding patterns are analyzed.
Railtel Corporation of India Limited Update
Railtel Corporation of India Limited closed down by about 4% and is down by 16% in one month. The company recently received an order worth ₹166 crore from BSNL. Approximately 15 lakh shares were traded with a deliverable percentage of 34.17%. The stock has found support around ₹270-80 in the past and has recovered almost 66% since then. The company's performance in the last and current quarter has been good, unlike some other railway companies. The stock is undergoing a correction due to weak market sentiment and sector-wise sentiments. The level of ₹350 is crucial, and if held, there may be some recovery. Resistance may be found around ₹400.
BSE (Bombay Stock Exchange) Analysis
BSE's results will be out on August 7, 2025. The last quarter's results were very good, with strong performance in margin, profit, and revenue. While the company is fundamentally strong, its valuation is a bit expensive. The stock is down around 12% in one month but can recover quickly. Support was found around ₹2370 in July, with potential support around ₹2300-70. Resistance is expected around ₹2750 to ₹2800. BSE is an exchange, and with India's developing economy and increasing company listings, its performance is expected to improve. The stock has given a return of 182% in the last year and 4000% in the last 5 years.
GRC (Garden Reach Shipbuilders & Engineers) Limited and German Agreement
GRC's results will be out on August 8, 2025. The company has signed a Non-Winding Memorandum of Understanding (MOU) agreement with Hemel Germany, a German company. This collaboration will facilitate a wide range of collaborative engagement, including the manufacturing of ship-related engines and marine products in India. The management's decisions have been excellent, with advanced nations tying up with the company to manufacture in India. In the last quarter, the company broadened its margin to above 35%, with profit increasing by 118% and revenue growth of 61%.
Swiggy's Performance and Brokerage Recommendations
Swiggy's performance is continuously getting weaker as it is a loss-making company. Despite a weak balance sheet in quarter one, Jefferies, a multinational brokerage firm, has given a buy rating with a target price of ₹500. Viewers are cautioned against immediately following such recommendations and are advised to check the balance sheet before investing. Brokerage firms may use such ratings as a trick to sell shares they purchased at high levels to retail investors. It is crucial to think multiple times before investing and avoid regretting it later. Wait for the company's performance to improve before proceeding further.
IRADAC's Share Price Fall and Support Levels
There is no formal news regarding IRADAC, but many viewers have inquired about the falling share price. Quarter one was not good for the company, with profit declining by 35% and significant decline in revenue due to the Jasol Engineering case. In March, the stock touched a low of ₹139 to ₹140 and recovered by around 30%. If the stock falls further, a good support level can be found around ₹140. If this support level is broken, the stock may reach the old level of ₹12 in 2025. Resistance can be expected around ₹150. Investors are advised to move ahead with a long-term vision, as the company's business is not bad and it is in a futuristic sector.
IRCTC (Indian Railway Catering and Tourism Corporation) Update
IRCTC is a monopoly company with its work going very well. The last quarter (March) was very good, with good growth in every segment. IRCTC's results will be out on August 13, 2025. There is no major change in the stake of FIIs, DIIs have bought some percent, and retail investors have sold a lot. There is no need to take very big decisions immediately; it is better to check the results first.