Home / Fri 02 Aug 2024 Market Recap
02 Aug 2024: Nifty 50 closed at ₹24,699.44 (-1.25%), NATCO Pharma has been on a 10-day winning streak, closing higher each day since Friday, July 19!
Show Table of Contents
Table of Contents
- 1: Top Indices Performance Overview
- 2: Nifty 50 Performance Overview
- 2.1: Nifty 50 Top Gainers
- 2.2: Nifty 50 Top Losers
- 2.3: Nifty 50 Stocks To Watch for Tomorrow
- 2.3.1: Nestle India (Bullish Pattern)
- 2.3.2: ➲ Britannia (Bearish Trend)
- 3: Nifty 500 Performance Overview
- 3.1: Nifty 500 Top Gainers
- 3.2: Nifty 500 Top Losers
- 3.3: Nifty 51 to 500 Stocks To Watch for Tomorrow
- 3.3.1: NATCO Pharma (Bullish Pattern)
- 3.3.2: ➲ Birlasoft (Bearish Trend)
- 4: Top Stocks That Created a New All Time High Today
- 4.1: Top Large Cap Stocks That Created a New All Time High Today
- 4.2: Top Mid Cap Stocks That Created a New All Time High Today
- 4.3: Top Small Cap Stocks That Created a New All Time High Today
Top Indices Performance Overview
| Stock | Close | Range |
|---|---|---|
| NIFTY 50 | ₹24,699.44 (-1.25%) | ₹24,688.3 – ₹24,851.44 |
| NIFTY BANK | ₹51339 (-0.44%) | ₹51,091.94 – ₹51,608.5 |
| NIFTY FIN SERVICE | ₹23,357.9 (-0.34%) | ₹23,241.19 – ₹23,476.4 |
| NIFTY IT | ₹39,690.55 (-2.51%) | ₹39,665.64 – ₹40,618.85 |
| NIFTY ENERGY | ₹44,297.5 (-1.47%) | ₹44,096.5 – ₹44,703.14 |
Nifty 50 Performance Overview
The Nifty 50 kicked off the day at ₹24,824.19, showing some pep in its step. It danced around a bit, dipping as low as ₹24,688.3 and peaking at ₹24,851.44 before settling down for the day at ₹24,699.44, a -1.25% dip from where it started.
Curious about the top gainers and losers that swayed the Nifty 50 today? Check out the table below.
Nifty 50 Top Gainers
| Stock | Close | Range |
|---|---|---|
| Nestle India | ₹2497 (0.52%) | ₹2,465.14 – ₹2514 |
| Kotak Mahindra Bank | ₹1,797.5 (0.27%) | ₹1,776.15 – ₹1,809.9 |
Nifty 50 Top Losers
| Stock | Close | Range |
|---|---|---|
| Tata Motors | ₹1,096.65 (-4.18%) | ₹1,090.05 – ₹1120 |
| Hindalco | ₹648.04 (-3.79%) | ₹646.54 – ₹665.4 |
| Tata Steel | ₹158.22 (-2.97%) | ₹154.72 – ₹161.19 |
| Coal India | ₹524.65 (-2.92%) | ₹522.45 – ₹537.2 |
| TCS | ₹4,283.04 (-2.6%) | ₹4270 – ₹4398 |
Nifty 50 Stocks To Watch for Tomorrow
Nestle India (Bullish Pattern)
- Performance Overview: In the last 26 trading sessions, Nestle India closed higher 11 times and lower 15 times.
- Recent Trend: Nestle India has been on a 2-day winning streak, with no losses since Wednesday, July 31st, 2024.
- Returns: Nestle India delivered a -1.36% return over the past 26 trading sessions. This means if you had invested ₹10,000, you would have ₹9,864 today.
- Financial Insight: Over the past year, Nestle India generated a revenue of ₹19,665.02 Crore and earned a profit of ₹3,244.46 Crore.
- As of Friday, August 2nd, 2024, Nestle India has a Market Capital of ₹2,39,496.59 Crore.
- Summary: Nestle India is showing strong bullish signs. Investors should watch its price movements closely for both short-term and long-term opportunities. Check out Nestle India Target for Tomorrow and Nestle India Targets for 2024 & 2025.
Nestle India Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 2,39,496.59 Crore | Market valuation of Nestle India’s shares. |
| Revenue (TTM) | 19,665.02 Crore | Total revenue generated by Nestle India over the past twelve months. |
| Net Income (TTM) | +3,244.46 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 20.55% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 16.49% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +3.3% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +6.9% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 10.31 | Company’s total debt divided by total shareholder equity. |
| Total Debt | 344.76 Crore | Sum of Nestle India’s current & long-term financial obligations. |
| Total Cash | 798.84 Crore | Total amount of liquid funds available to Nestle India. |
| Beta | 0.06 | Beta is less than 1 indicating that the Nestle India’s price is less volatile than the market. |
➲ Britannia (Bearish Trend)
- Performance Overview: Over the past 26 trading days, Britannia has closed higher 18 times and lower 7 times.
- Recent Trend: Britannia has been on a downward trend for the past four trading days, with no gains since Monday, July 29, 2024.
- Returns: Britannia delivered a 6.15% return over the last 26 trading sessions, meaning a ₹10,000 investment would have grown to ₹10,615.
- Financial Insight: Over the past year, Britannia has generated ₹16,718.17 Crore in revenue and earned a profit of ₹2,139.8 Crore.
- As of Friday, August 2, 2024, Britannia has a market capitalization of ₹1,39,328.89 Crore.
- Summary: Britannia is currently experiencing a bearish period. It’s wise for investors to monitor its performance closely, especially considering the short-term target for tomorrow and the projected targets for 2024 and 2025.
Britannia Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 1,39,328.89 Crore | Market valuation of Britannia’s shares. |
| Revenue (TTM) | 16,718.17 Crore | Total revenue generated by Britannia over the past twelve months. |
| Net Income (TTM) | +2,139.8 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 17.6% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 12.79% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +1.09% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | -3.6% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 52.06 | Company’s total debt divided by total shareholder equity. |
| Total Debt | 2,064.95 Crore | Sum of Britannia’s current & long-term financial obligations. |
| Total Cash | 2,019.3 Crore | Total amount of liquid funds available to Britannia. |
| Beta | 0.53 | Beta is less than 1 indicating that the Britannia’s price is less volatile than the market. |
Nifty 500 Performance Overview
The Nifty 500 kicked off the day at ₹23,297.55, showcasing a bit of a roller coaster ride throughout the session. It dipped to a low of ₹23,226.5 before climbing to a high of ₹23,394.8. Ultimately, the index closed at ₹23,244.69, marking a -1.12% loss for the day.
The day’s movements were influenced by a mix of top gainers and losers, which you can see in the table below.
Nifty 500 Top Gainers
| Stock | Close | Range |
|---|---|---|
| Zomato | ₹262.33 (12.06%) | ₹243 – ₹278.7 |
| PCBL | ₹376.89 (8.66%) | ₹340.29 – ₹380 |
| Info Edge – Naukri | ₹7,220.5 (4.57%) | ₹6,854.25 – ₹7,327.7 |
| PB Fintech | ₹1,500.8 (4.13%) | ₹1,430.09 – ₹1510 |
| Nazara Technologies | ₹984 (3.65%) | ₹955 – ₹1,034.9 |
Nifty 500 Top Losers
| Stock | Close | Range |
|---|---|---|
| Cummins India | ₹3,500.19 (-8.26%) | ₹3,479.85 – ₹3691 |
| Birlasoft | ₹604.5 (-5.99%) | ₹601 – ₹636.25 |
| Oracle Financial Services Software | ₹10390 (-4.78%) | ₹10,344.09 – ₹10,833.65 |
| Brigade Enterprises | ₹1,198.15 (-4.76%) | ₹1,195.08 – ₹1240 |
| Tata Motors DVR | ₹747.15 (-4.65%) | ₹741.34 – ₹770 |
Nifty 51 to 500 Stocks To Watch for Tomorrow
NATCO Pharma (Bullish Pattern)
- Performance Overview: Over the past 26 trading sessions, NATCO Pharma has closed higher than the previous day’s close 19 times, and lower 7 times.
- Recent Trend: NATCO Pharma has been on a 10-day winning streak, closing higher each day since Friday, July 19, 2024.
- Returns: In the last 26 trading sessions, NATCO Pharma has delivered a 15.74% return. This means an investment of ₹10,000 would have grown to ₹11,574.
- Financial Insight: In the past 12 months, NATCO Pharma generated ₹4,126.89 Crore in revenue and ₹1,388.29 Crore in profit.
- As of Friday, August 2, 2024, NATCO Pharma has a market capitalization of ₹24,394.78 Crore.
- Summary: NATCO Pharma is showing strong bullish signals. Investors may want to keep an eye on its price movements for both short-term and long-term growth potential. Check out the NATCO Pharma Target for Tomorrow and NATCO Pharma Targets for 2024 & 2025 for more details.
NATCO Pharma Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 24,394.78 Crore | Market valuation of NATCO Pharma’s shares. |
| Revenue (TTM) | 4,126.89 Crore | Total revenue generated by NATCO Pharma over the past twelve months. |
| Net Income (TTM) | +1,388.29 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 41.35% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 33.64% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +18.8% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +40.1% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 6.34 | Company’s total debt divided by total shareholder equity. |
| Total Debt | 371.2 Crore | Sum of NATCO Pharma’s current & long-term financial obligations. |
| Total Cash | 1,849.2 Crore | Total amount of liquid funds available to NATCO Pharma. |
| Beta | 0.53 | Beta is less than 1 indicating that the NATCO Pharma’s price is less volatile than the market. |
➲ Birlasoft (Bearish Trend)
- Performance Snapshot: Over the last 26 trading days, Birlasoft has closed lower than the previous day’s close 15 times and higher 11 times.
- Recent Activity: Birlasoft has been on a downward trend for the past five days, with no gains since Friday, July 26, 2024.
- Returns: Birlasoft has experienced a -12.01% return over the past 26 trading sessions. This means an investment of ₹10,000 would have become ₹8,799 during that period.
- Financial Snapshot: Over the last 12 months, Birlasoft has generated a revenue of ₹5,278.14 Crore and achieved a profit of ₹623.75 Crore.
- As of Friday, August 2, 2024, Birlasoft has a Market Capitalization of ₹18,672.13 Crore.
- In a Nutshell: Birlasoft is currently experiencing a bearish phase. Investors should carefully monitor the stock’s performance. We encourage you to explore the potential targets for Birlasoft. You can find our analysis for tomorrow’s potential target here and our projections for 2024 and 2025 here.
Birlasoft Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 18,672.13 Crore | Market valuation of Birlasoft’s shares. |
| Revenue (TTM) | 5,278.14 Crore | Total revenue generated by Birlasoft over the past twelve months. |
| Net Income (TTM) | +623.75 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 14.72% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 11.81% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +11.1% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +60.5% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 3.06 | Company’s total debt divided by total shareholder equity. |
| Total Debt | 93.17 Crore | Sum of Birlasoft’s current & long-term financial obligations. |
| Total Cash | 1,454.06 Crore | Total amount of liquid funds available to Birlasoft. |
| Beta | 1.05 | Beta is greater than 1 indicating that the Birlasoft’s price is more volatile than the market. |
Top Stocks That Created a New All Time High Today
Top Large Cap Stocks That Created a New All Time High Today
Companies with Market Capital more than 20,000 Crores| Stock | Close | New All-Time High (ATH) | Previous ATH | Previous ATH Date |
|---|---|---|---|---|
| HSCL | 468.35 (+4.63%) | 469.85 (+%) | Thu 01 Jan 1970 | |
| NTPC | 420.00 (-0.77%) | 426.29 (+15.72%) | 368.35 | Wed 10 Apr 2024 |
| Tata Power | 460.35 (-0.88%) | 471.00 (+7.19%) | 439.39 | Wed 10 Apr 2024 |
| Zomato | 262.33 (+12.06%) | 278.70 (+39.62%) | 199.60 | Wed 10 Apr 2024 |
Top Mid Cap Stocks That Created a New All Time High Today
Companies with Market Capital between 5,000 Crores to 20,000 Crores| Stock | Close | New All-Time High (ATH) | Previous ATH | Previous ATH Date |
|---|---|---|---|---|
| Blue Jet Healthcare | 505.95 (+1.19%) | 518.00 (+%) | Thu 01 Jan 1970 | |
| Caplin Point Laboratories | 1643.00 (+3.73%) | 1655.00 (+%) | Thu 01 Jan 1970 | |
| IFB Industries | 1948.05 (+0.57%) | 2018.94 (+24.61%) | 1620.15 | Tue 23 Apr 2024 |
| Nava | 923.15 (+1.99%) | 934.84 (+%) | Thu 01 Jan 1970 | |
| Nava Bharat Ventures | 925.90 (+2.3%) | 934.75 (+%) | Thu 01 Jan 1970 |
Top Small Cap Stocks That Created a New All Time High Today
Companies with Market Capital less than 5,000 Crores| Stock | Close | New All-Time High (ATH) | Previous ATH | Previous ATH Date |
|---|---|---|---|---|
| Hind Rectifiers | 830.25 (+4.99%) | 830.25 (+%) | Thu 01 Jan 1970 | |
| KINGFA | 2928.89 (+6.66%) | 2940.00 (+%) | Thu 01 Jan 1970 | |
| K K Fincorp | 52.25 (+1.99%) | 52.25 (+%) | Thu 01 Jan 1970 | |
| Kokuyo Camlin | 186.73 (+1.68%) | 193.80 (+%) | Thu 01 Jan 1970 | |
| KOTIC | 12.89 (+1.97%) | 12.89 (+289.42%) | 3.31 | Wed 24 Apr 2024 |
