Hem Portfolio Management Services

13/08/2022

Hem Securities: Subscribe The company is bringing the issue at P/E multiple of 68 times on post issue FY22 PAT basis. Syrma SGS is one of the leading design and electronic manufacturing services companies and has a consistent track record of financial performance. It is a diversified and continuously evolving and expanding product portfolio and service offerings catering to customers across various industries, backed by strong R&D capabilities. Also the company has established relationships with marquee customers across various countries and state-of-the-art manufacturing capabilities supported by a global supplier network, with a focus on vertical integration.

Read here more
https://www.businesstoday.in/markets/ipo-corner/story/syrma-sgs-technology-ipo-subscribed-37-on-day-1-heres-what-brokerages-have-to-say-344559-2022-08-12

Syrma, which is aiming to garner around Rs 840 crore through IPO, is one of the leading electronics system design and manufacturing company with a focus on technology-based solutions and original design manufacturer business.

12/08/2022

Mohit Nigam, Head – PMS, Hem Securities

“On the technical front, Nifty 50 is showing bullish momentum after the recent consolidation and this momentum may continue to 17800 levels in the short term. On the downside 17400 may remain immediate support in Nifty 50. Immediate support and resistance for Bank Nifty are 38,500 and 39,400 respectively.”

https://www.financialexpress.com/market/sensex-extends-up-move-ends-at-59462-nifty-just-shy-of-17700-check-support-resistance-for-next-week/2627429/

Domestic benchmark indices continued to soar higher on Friday, ending the week with gains. S&P BSE Sensex added 130 points or 0.22% to settle at 59,462 while the NSE Nifty 50 index was just shy of 17,700 on closing bell.

11/08/2022

Mohit Nigam, Head - PMS, Hem Securities

"On the technical front, Nifty 50 is showing bullish momentum after the recent consolidation and this momentum may continue to 17,800 levels in the short term. On the downside, 17,200 may remain immediate support in Nifty50. Immediate support and resistance for Bank Nifty are 37,700 and 38,750, respectively."

Sensex slipped 35 points to 58,817 and Nifty gained 9 points to 17,534 in the previous session.

09/08/2022

“The amount contributed through systematic investment plans, the favoured method for individual investors to invest in mutual funds, decreased slightly from the previous month to Rs 12,275 crore to Rs 12,139 crore in July. As markets rose in July, it appears that investors sold some of their gains. Debt funds experienced net withdrawals as in an effort to combat inflation, RBI is boosting interest rates and investors may have pulled out of debt funds since duration funds tend to underperform,” said Mohit Nigam, Head – PMS, Hem Securities.

Read here more:
https://www.financialexpress.com/market/equity-mutual-funds-inflow-drops-42-in-july-debt-funds-see-net-withdrawals-amid-volatility-inflation-woes/2622641/lite/ =From%20%251%24s&aoh=16600181909612&referrer=https%3A%2F%2Fwww.google.com

High volatility in the stock market, concerns over inflation and rate hike expectations in the past few weeks took a toll on investors, both equity and mutual funds. In the month of July, inflows in equity mutual funds dropped by 42 per cent to Rs 8,898 crore.

26/07/2022

Mohit Nigam, Head - PMS, Hem Securities said that investors who are still holding or have freshly entered into these fintech stocks should wait for the market to stabilise to average down the price or make a fresh entry. "We do not recommend any fresh entries before any new positive trigger."

Read here more:
https://m.economictimes.com/markets/stocks/news/zomators-100-jefferies-sees-125-upside-in-the-stock/articleshow/93128457.cms

"Blinkit acquisition elongates the path to profitability and despite management guidance on a break-even in food delivery, investors are not giving much benefit of doubt," it added. "Night is darkest just before dawn." The brokerage firm added that worries of Fed tightening and investor focus on cas...

21/07/2022

“If you don't find a way to make money while you sleep, you will work until you die.”

― Warren Buffett

Choose Hem PMS and let our experts guide your portfolio to new heights of growth.

For more inquiries please visit
https://pms.hemsecurities.com
Or call +91 83060 06974/83069 95816

19/07/2022

Vedanta shares down 45% in three months: Good time to buy?

Mohit Nigam, Head - PMS, Hem Securities

"Over the last couple of months, metal prices have witnessed a substantial correction due to Covid-led clampdown in China. Both ferrous and non-ferrous prices have witnessed a steep decline from their recent highs due to recession fears, a downturn in the global economy, and a resurgence of Covid cases.

Read more

https://www.businesstoday.in/markets/company-stock/story/vedanta-shares-fall-52-week-high-net-profit-price-target-341926-2022-07-19

Vedanta stock, which hit a 52-week high of Rs 440.75 on April 11, 2022, is currently trading at Rs 239.05, translating into a decline of 45 per cent in three months.

19/07/2022

Gaining maximum returns, as you retrieve maximum happiness.

Choose Hem PMS and let our experts guide your portfolio to new heights of growth.

For more inquiries please visit
https://pms.hemsecurities.com
Or call +91 83060 06974/83069 95816

18/07/2022

Mohit Nigam lists 2 sectors where smart money seems to be moving to

Mohit Nigam, Head - PMS, Hem Securities, says smart money seems to be moving towards the FMCG and auto sectors.

Read more at:
https://economictimes.indiatimes.com/markets/expert-view/mohit-nigam-lists-two-sectors-where-smart-money-seems-to-be-moving/contentofinterest&utm_medium=text&utm_campaign=cppst

"IT sector is now attractively priced and the current challenges would gradually start easing from H2FY23. So, investors can start accumulating good quality IT stocks in a staggered manner for the long term."

15/07/2022

Build a Strong investment portfolio, as you build on new connections~

Choose Hem PMS and let our experts guide your portfolio to new heights of growth.

For more inquiries please visit
https://pms.hemsecurities.com
Or call +91 83060 06974/83069 95816

14/07/2022

Tata Steel stock down 41% from 52-week high: Good time to buy?
Mohit Nigam, Head - PMS, Hem Securities

"Despite the intricacy of the COVID and geopolitical issues, Tata Steel has produced consistent profit numbers.

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https://businesstoday.in/markets/company-stock/story/tata-steel-stock-falls-52-week-high-good-time-to-buy-high-inflation-341340-2022-07-13

Shares of Tata Steel have tumbled 41 per cent from their 52-week high amid highly volatile domestic market impacted by negative global cues. Tata Steel stock, which hit a 52-week high of Rs 1,534.60 on August 16, 2021 is currently trading at Rs 906, translating into a decline of 41 per cent during t...

14/07/2022

“The real estate sector is performing as the residential housing prices are increasing and the unsold inventory is declining,” said Mohit Nigam, Head - PMS, Hem Securities.

Read more
https://www.moneycontrol.com/news/business/markets/everything-is-going-well-for-real-estate-stocks-for-now-8825691.html

Choose Hem PMS and let our experts guide your portfolio to new heights of growth.

For more inquiries Please visit
https://pms.hemsecurities.com/
Or call +91 83060 06974/83069 95816

There is a good chance that real estate sale may have peaked in this cycle, as there are signs of troubles. Analysts have also advised investors to become cautious as there are headwinds for the sector going ahead