Stocks to Watch: Rallis India,Hindustan Copper,CAMS,NIIT,JK Cement

Most Asia–Pacific share indices rose on Tuesday tracking overnight gains on Wall Street. The Nikkei 225 was trading 469.32 points or 1.18% higher at 40,075.12, and the S&P ASX 200 was trading 62.40 points or 0.76% higher at 8,315.20 as of 06:26 a.m.

The S&P 500 hit record high in Monday's session before settling 0.77% higher at 5,859.85. The Dow Jones Industrial Average and Nasdaq Composite ended 0.47% and 0.87% higher, respectively. Oil prices declined over 3% in early trade Tuesday, which provided some respite to the Asia–Pacific markets. Brent crude was trading 2.28% lower at $75.40 a barrel as of 06:32 a.m.. Oil prices declined after the Washington Post reported Israel has no plan to attack Iran's oil or nuclear facility. Gold rose 0.02% to 2,22,725.35 an ounce as of 6:35 a.m.

The GIFT Nifty was trading 0.07% or 15 points higher at 25,238.0 as of 06:37 a.m.

India's benchmark stock indices, Nifty and Sensex, ended at over one-week highs on Monday, tracking the sharp gains in Infosys Ltd. and HDFC Bank Ltd. Market participants await earnings from Reliance Industries Ltd. and HCL Technologies Ltd. for cues. To get live updates on RIL Q2 earnings, click here.

The NSE Nifty 50 ended 0.66% higher at 25,127.95, and the BSE Sensex closed 0.73% higher at 81,973.05. Both the indices closed at their highest levels since Oct. 3.

Overseas investors, commonly known as foreign portfolio investors, remained net sellers of Indian equities for the 11th consecutive session on Monday. The investors mopped up stocks worth Rs 3,731.6 crore, while domestic institutional investors bought stocks worth Rs 2,278.09 crore, according to provisional data from the National Stock Exchange.

The Indian currency closed flat at 84.06 against the US dollar.

Rallis India :

Rallis India has an operating revenue of 2,649.00 Cr. on a trailing 12-month basis. An annual revenue de-growth of -11% needs improvement, Pre-tax margin of 7% is okay, ROE of 8% is fair but needs improvement. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading below to its 50DMA and around 8% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 34 which is a POOR score indicating inconsistency in earnings, a RS Rating of 51 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 58 indicates it belongs to a fair industry group of Chemicals-Agricultural and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

Hindustan Copper:

Hindustan Copper (Nse) has an operating revenue of 1,839.66 Cr. on a trailing 12-month basis. An annual revenue de-growth of 0% needs improvement, Pre-tax margin of 24% is great, ROE of 12% is good. The company has a reasonable debt to equity of 3%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 50DMA and close to its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 24% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 85 which is a GOOD score indicating consistency in earnings, a RS Rating of 58 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 138 indicates it belongs to a poor industry group of Mining-Metal Ores and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail. 

Computer Age Management Services(CAMS):

Computer Age Management Services has an operating revenue of 1,206.62 Cr. on a trailing 12-month basis. An annual revenue growth of 18% is outstanding, Pre-tax margin of 41% is great, ROE of 38% is exceptional. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 28% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 8% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 90 which is a GREAT score indicating consistency in earnings, a RS Rating of 75 which is FAIR indicating the recent price performance, Buyer Demand at A which is evident from recent demand for the stock, Group Rank of 76 indicates it belongs to a poor industry group of Finance-Investment Mgmt and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

NIIT:

Niit (Nse) has an operating revenue of 323.40 Cr. on a trailing 12-month basis. An annual revenue de-growth of -3% needs improvement, Pre-tax margin of 15% is great, ROE of 3% is fair but needs improvement. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is comfortably placed above its key moving averages, around 7% and 35% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 8% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 66 which is a FAIR score but needs to improve its earnings, a RS Rating of 75 which is FAIR indicating the recent price performance, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 10 indicates it belongs to a strong industry group of Consumer Svcs-Education and a Master Score of B is close to being the best. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock definitely has some strength, you may want to examine it in more detail.

Jk Cement:

Jk Cement has an operating revenue of 11,600.95 Cr. on a trailing 12-month basis. An annual revenue growth of 19% is outstanding, Pre-tax margin of 10% is healthy, ROE of 14% is good. The company has a debt to equity of 78%, which is bit higher. The stock from a technical standpoint is trading below to its 50DMA and close to its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. It has recently broken out of a base in its weekly chart and is trading around -6% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 85 which is a GOOD score indicating consistency in earnings, a RS Rating of 39 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 141 indicates it belongs to a poor industry group of Bldg-Cement/Concrt/Ag and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.