Dalal Street Investment Journal Magazine - January 29, 2024

In this issue

COVER STORY Vol. 39 Issue No. 05

Realty: How Far Will It Rise?

Real estate developers are reporting record presales. The speed at which these luxury units were absorbed into the market not only signifies

Special Report
Curtain Raiser: Q3FY24 Performance Review

Are Financial Services Breaking The Glass Ceiling?

Betting Against Beta: An Unconventional Strategy For Unusual Success

MF - Cover Story

Top 5 ELSS Funds

MF - Special Report

The Battle For Returns: Active Management Versus Passive Management

ELSS or Equity Linked Saving Schemes are mutual funds which enjoy a tax-saving benefit under Section 80 C of the Income Tax Act, 1961. Investments in ELSS can be made up to a maximum limit of Rs 150,000 every year. This amount can be claimed as deduction from the total taxable income, providing a relief of up to Rs 46,800 in tax for taxpayers in the highest tax bracket. The article explains in detail the working of the ELSS and provides a pointer some of the best in the market

A Fortnight of Fluctuations: Oil & Gas and IT Sectors Rise Amid Market Volatility

Experiencing high volatility in the market, the oil & gas and IT sectors endeavoured to counterbalance losses incurred by banking stocks, aiming to sustain resilience.

2 mins

INDIAN RAILWAY CATERING TOURISM CORPORATION Hop On For Healthy Profits

The shares of Indian Railways have been in momentum for the last one year and one of the companies joining the party is Indian Railway Catering and Tourism Corporation (IRCTC).

7 mins

Salasar Techno Engineering Ltd Fixes February 01 as the Record Date for 4:1 Bonus Issue

The board had earlier recommended the issue of Bonus Shares in the proportion of 4:1 i.e. 4 new fully paid-up bonus equity shares of ₹1 each for every 1 existing fully paid-up equity share of ₹1 each.

2 mins

Hardwyn India Ltd.'S New Subsidiary, Slim-X, Eyes ₹100 Crore Revenue; Unveils High-Performance Aluminium Profiles

Hardwyn India Ltd.’s newly formed Subsidiary ‘Slim-X’ has unveiled a range of innovative products. The new brand, with cutting-edge technology, now plans to generate revenue of ₹100 crore in the next two years, leveraging the growth potential of innovative products- ultra-slim, high-performance aluminium profiles- for industries. Hardwyn India Ltd. is a leading brand among the architectural hardware manufacturers in India.

2 mins

Vikas Lifecare Approves Allotment of Equity Shares to Foreign Portfolio Investors

The company will use the funds for geographical expansion, setting up of a new plant and acquiring additional machinery to increase production

2 mins

Vikas Lifecare's Subsidiary, Genesis Gas Solutions Incorporates Joint Venture Company Indraprastha Genesis Technologies Limited

This collaboration will help establish India's first integrated state-of-the-art smart meter manufacturing plant with a total capital expenditure of ₹1,080 million

3 mins

Sarveshwar Foods Extends Presence in Punjab & Delhi NCR

With the opening up of its signature NIMBARK Organic Stores in new territories, the company hopes to include more consumers to enjoy its fertiliser-free products

2 mins

Betting Against Beta: An Unconventional Strategy For Unusual Success

Beta is a key component of systematic risk, representing a stock's sensitivity to overall market changes. Essentially, it gauges how a stock might respond to shifts in the broader market. In this special report, Vaishnavi Chauhan highlights how the dynamics of low-beta and high-beta stocks can affect your portfolio

5 mins

Realty: How Far Will It Rise?

Real estate developers are reporting record presales. The speed at which these luxury units were absorbed into the market not only signifies the sector's resilience but also serves as an indicator of the impressive stock performance. The story takes stock of how the sector is faring and the drivers boosting the growth curve while examining at close quarters whether this peak may eventually lead to a correction or attain new highs.

9 mins

Are Financial Services Breaking The Glass Ceiling?

While the financial services sector is at the forefront of India’s economic growth, India Stack is playing a pivotal role in fostering a more efficient, inclusive, and technologically advanced financial ecosystem in India. Mandar Wagh outlines the sector’s outlook while assessing whether the rally is sustainable, delving into the financial performance of companies, growth drivers and risk factors

6 mins

Curtain Raiser: Q3FY24 Performance Review

With 3,431 companies yet to announce their results, a comprehensive evaluation of the entire sector performance awaits completion. Nonetheless, the article analyses the results of various sectors which have been announced till date

5 mins

Oil and Gold Gain Traction as Commodity Traders Gauge Data Numbers

Commodity markets around the world saw shifts in risk attitudes, keeping a close eye on inflation updates from the U.S. and China amidst rising geopolitical unrest in the Middle East.

2 mins

Global Equities Witness a Bumpy Ride in January

In the first month of 2024, markets have exhibited a rather muted and somewhat volatile performance, despite experiencing an uptick. This trend isn't entirely unexpected, given the robust rally seen in the final weeks of 2023, during which the S&P 500 surged more than 15 per cent from late October to December.

2 mins

TOP 5 ELSS FUNDS

ELSS or Equity Linked Saving Schemes are mutual funds which enjoy a tax-saving benefit under Section 80 C of the Income Tax Act, 1961. Investments in ELSS can be made up to a maximum limit of Rs 150,000 every year. This amount can be claimed as deduction from the total taxable income, providing a relief of up to Rs 46,800 in tax for taxpayers in the highest tax bracket. The article explains in detail the working of the ELSS and provides a pointer some of the best in the market

10+ mins

Here's How To Invest Judiciously

Look at the big picture and think long-term at the start by establishing your goals over varying time horizons. Remember, a goal-based investment process ensures that you follow an asset allocation model and give risk management its due. This helps in creating the right balance between risk and reward.

2 mins

Embracing The Future With Innovation Funds

In a world driven by constant change and disruption, those who embrace innovation hold the key to success. This principle extends beyond the realm of technology and permeates every facet of our lives, from healthcare and finance to education and entertainment.

3 mins

The Battle for Returns

Investors should understand the specific nature of the funds they are considering whether they are active or passive. Some investors prefer the aggressiveness of active funds and are willing to pay higher costs for the potential of earning extra returns. On the other hand, investors who value simplicity and are cost-conscious may find passive funds more suitable. The article highlights the pros and cons of both channels of investment

5 mins

'I am positive about the banking and financial services sector'

We have always been very prudent whenever we launch new funds. Last month, we launched the Banking and Financial Services Fund, which echoes my view of how we see the BFSI space over the next 5-10 years in India.

6 mins

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Dalal Street Investment Journal Magazine Description:

Thirty one-years old but conventional, Dalal Street Investment Journal (DSIJ), India’s No 1 equity research and capital investment magazine is published every fortnight to cater to the needs of its reader-investors. Armed with a set of chosen experts on markets and corporate India, the fortnightly magazine has its focus on stock market research and recommendations, capital market analysis, personal finance investment advice and also analysis of various economic activities in the country along with its impact on Indian share markets. This is the one and only complete resource guide for a wide loyal base of over 8 lakh HNI readers.