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The Close · The Open · The Long Desk · Archive · Research · Top Stocks
Tue, 29 Sep 2026
1426 companies · 1447 sector slots · 21 sectors · 23 below Rs1000cr and not scanned · long-term lens

Trend Spotlight

Trump's rejection of an Iranian proposal to reopen the Strait of Hormuz reignited the oil shock, sending Brent above $105 and pushing Sensex/Nifty to six-month lows.

Crude's backwardation (WTI near-month at a 38% premium to the 12-month contract) signals acute near-term supply fear, not a one-off spike, and the Fed has already resumed hiking (to 3.75-4.00% on Sept 16) explicitly citing this as an inflation driver while RBI holds at 5.25% — a widening rate gap that is pressuring the rupee toward six-month lows near 96.08/USD. For a long-term holder this is a genuine macro regime shift (a persistent oil-import-bill and rate-differential headwind), not a single day's noise, and it is the lens through which today's sector and stock reads below should be weighed.

Day ahead

Crude near $105/bbl and a widening Fed-RBI rate gap are the overnight setup; India's CPI trend and a rupee near six-month lows carry into today's open.

Sensex and Nifty closed near six-month lows in the prior session (-1.52% and -1.56%) as the Hormuz standoff hit sentiment broadly, with PSU banks down about 3%. India's August CPI rose to 4.82% YoY, a tenth straight monthly rise led by transport costs — a direct pass-through of the oil shock — while RBI held its repo rate at 5.25% even as the Fed resumed hiking, narrowing the room for further domestic easing. Watch import-heavy and rate-sensitive names for continued pressure as the session opens.

Calls this session

A change to anything but AVOID publishes only after two consecutive sessions say the same thing; AVOID publishes at once.

Sector stance changed (2)

Published this session (2)

new
Weighted average rating 3.82/5 including quality and value — the rare combination.
new
Good business, bad price today (Value 2/5) — PEG n/a; P/E cheaper than 30% of sector peers (P/E 40.07); EV/EBITDA 25.0, B/M 0.107. Watch for a better entry.

Awaiting a second session (15)

TickerClosePublished PendingNote
ASTRAMICRO ₹1,652.60 BUY → QUALITY-WAIT if next session holds
DEEPINDS ₹782.50 HOLD → BUY if next session holds
FERMENTA ₹551.35 HOLD → QUALITY-WAIT if next session holds
GEOJITFSL ₹76.76 AVOID → HOLD if next session holds
JUBLFOOD ₹463.00 QUALITY-WAIT → HOLD if next session holds
KRN ₹1,443.10 AVOID → HOLD if next session holds
MARKSANS ₹342.75 HOLD → QUALITY-WAIT if next session holds
METROPOLIS ₹562.30 QUALITY-WAIT → HOLD if next session holds
NAVINFLUOR ₹8,234.50 QUALITY-WAIT → HOLD if next session holds
PRAJIND ₹307.75 QUALITY-WAIT → HOLD if next session holds
RACLGEAR ₹1,588.60 QUALITY-WAIT → HOLD if next session holds
REDTAPE ₹117.48 QUALITY-WAIT → HOLD if next session holds
SOLARINDS ₹18,650.00 QUALITY-WAIT → HOLD if next session holds
TATASTEEL ₹188.00 HOLD → QUALITY-WAIT if next session holds
ZENTEC ₹1,619.80 QUALITY-WAIT → BUY if next session holds

Reporting today

No tracked name reports today.

Coming up

Source: NSE event calendar, filtered to the 1426 tracked names.

Market Overview

IndexClosePoints ChangeP/EP/B
Nifty 50 22,716.20 ▼ -64.05 ▼ -0.28% 19.20 2.75
Nifty Next 50 69,460.20 ▼ -849.30 ▼ -1.21% 18.36 3.09
Nifty 500 22,101.00 ▼ -131.15 ▼ -0.59% 21.42 3.06
Nifty Bank 54,259.95 ▼ -211.70 ▼ -0.39% 12.84 1.62
NIFTY Midcap 100 59,319.40 ▼ -594.80 ▼ -0.99% 28.59 4.02
▲ 1039 advancing ■ 26 unchanged ▼ 1604 declining of 2669 equities, vs the 2026-09-28 close

FII/DII cash flows have not published for this session yet — NSE releases them later in the evening, after this report goes out. They appear in tomorrow morning's Open. No figure is shown here rather than the previous session's.

FII / FPI DII
FII / DII daily net cash flow · ₹ crore · scroll to zoom, drag to pan

Source: NSE ind_close_all_20260929 (levels, index P/E and P/B) and the full-market bhavcopy (breadth).

Index P/E from NSE's official daily index file.

Since We Flagged

The desk's track record — the FIRST call made on each standing name, against its call today. Entry price is the close on the day of that first call, read from the cached bhavcopy for that date. "Unchanged" means the original call still stands.

CompanyFirst flaggedVerdict then Verdict nowAt flagNow Move
Tribhovandas Bhimji Zaveri LtdTBZ Tue, 18 Aug 2026 BUY HOLD ₹251.05 ₹520.00 ▲ +107.1%
STL Networks LtdSTLNETWORK Tue, 18 Aug 2026 AVOID unchanged ₹25.68 ₹49.46 ▲ +92.6%
Raymond LtdRAYMOND Tue, 18 Aug 2026 HOLD unchanged ₹625.00 ₹1,185.75 ▲ +89.7%
Waterways Leisure Tourism LimitedCORDELIA Tue, 18 Aug 2026 HOLD unchanged ₹830.00 ₹102.56 ▼ -87.6%
Indo Rama Synthetics (India) LtdINDORAMA Tue, 18 Aug 2026 AVOID HOLD ₹56.81 ₹103.44 ▲ +82.1%
TCC Concept LtdTCC Tue, 18 Aug 2026 HOLD unchanged ₹253.05 ₹50.09 ▼ -80.2%
India Glycols LtdINDIAGLYCO Tue, 18 Aug 2026 BUY HOLD ₹1,139.20 ₹304.50 ▼ -73.3%
Syncom Formulations (India) LtdSYNCOMF Tue, 18 Aug 2026 BUY HOLD ₹15.57 ₹26.18 ▲ +68.1%
Kabra Extrusion Technik LtdKABRAEXTRU Tue, 18 Aug 2026 AVOID unchanged ₹512.60 ₹829.80 ▲ +61.9%
Goodluck India LtdGOODLUCK Tue, 18 Aug 2026 BUY HOLD ₹1,330.00 ₹528.60 ▼ -60.3%
Quadrant Future Tek LtdQUADFUTURE Tue, 18 Aug 2026 AVOID unchanged ₹341.00 ₹542.15 ▲ +59.0%
Welspun Corp LtdWELCORP Wed, 5 Aug 2026 BUY QUALITY-WAIT ₹1,788.10 ₹2,842.00 ▲ +58.9%

1414 more standing calls with history are not shown — this table is the 12 that have moved most since we flagged them.

Source: data/state.json (call memory) × data/prices/<date>.json.

Top Stories

CONCOR more than doubles its FY27 volume guidance to 18%, undercutting the case for a downgrade Logistics & Transport

Management now guides for 18% overall FY27 volume growth (EXIM raised to 15% from 8%), up from the 9.5% guide that an open claim flagged as running behind pace, and reaffirmed a 24-25% EBITDA margin target. Q1 throughput growth of 8.89% YoY was broadly in line with the prior guide rather than confirming a widening gap. This is evidence against the pending BUY->HOLD call review, not for it.

CONCOR

IRDAI's commission-cap consultation is real and open for comment, but more product-specific than the headline figure suggests Financial Services

IRDAI's Sept 23 paper proposes a five-year glide path on distribution commissions, but the product-level detail found (near-2% on single-premium credit life, nil on new-vehicle third-party motor, ~5% on own-damage) differs from the flat 20-25%-to-12.5% figure the sector's open claim cites. The comment window runs to Oct 25, 2026, so nothing is finalised yet either way.

HDFCLIFE · MFSL · LTF

Centum Electronics rallies 10.7% on a new export order and investor-meeting momentum Capital Goods

A ~$3.22mn export order from a global OEM for its Build-to-Specification business, plus a run of investor meetings, drove the stock from Rs 4,333.70 to a 52-week high of Rs 4,928 over the week of Sept 21-25, sharply outperforming a declining Sensex. This is a genuine, if company-specific, catalyst behind the sector's pending QUALITY-WAIT->HOLD call flip.

CENTUM

TCI jumps ~15% on a Rs 150 crore buyback even as Q1 profit growth stayed flat Logistics & Transport

TCI's board approved a buyback of up to 15,62,500 shares at Rs 960 apiece (record date Oct 9), driving a sharp share-price move, but underlying Q1 FY27 net profit was down 0.75% YoY despite revenue up 9.58%, implying margin pressure the buyback alone does not resolve.

TCI

Aegis Logistics' $1.5bn Tristar talks remain unresolved, with no September update confirming a signing or collapse Energy & Power

Multiple sources place Aegis in advanced, exclusive bilateral talks to acquire UAE's Tristar for roughly $1.5bn, financed via a mix of refinanced and new debt plus equity, but caution the deal could still fall apart. The most recent dated reporting found is from mid-August, so the open claim stays exactly as open as it was.

AEGISLOG

Sector Scorecard

Entry score is 40% cheap-vs-history + 25% quality trend + 20% news catalyst + 15% technicals, for the 5 sectors with a researched catalyst. The other 16 show —: no catalyst was researched for them, so their score renormalises over the remaining three inputs rather than assuming a neutral headline. ≥62 accumulate · 45–61 watch · <45 avoid.

SectorStanceEntryCheap QualityTechNews IndexIdx P/EB/W/H/A
Information Technology 75 scanned · 17 researched ACCUMULATE 62.1 64.3 78.5 28.8 — ▼ -1.48% 17.6 4/9/54/8
Banks 40 scanned · 12 researched WATCH 50.5 48.5 52.3 53.2 — ▼ -0.39% 12.8 1/0/29/10
Pharmaceuticals 85 scanned · 20 researched AVOID 43.4 16.8 72.0 66.8 — ▲ +0.64% 41.7 0/19/55/11
Automobiles 109 scanned · 36 researched WATCH 53.4 35.5 78.3 64.4 +0 ▼ -1.33% 30.4 14/22/63/10
FMCG 105 scanned · 8 researched WATCH 59.4 58.9 68.8 44.8 — ▼ -1.05% 31.1 4/18/66/17
Metals & Mining 82 scanned · 19 researched WATCH 50.6 35.0 68.2 63.0 — ▲ +0.78% 15.8 0/10/54/18
Realty 38 scanned · 4 researched WATCH 51.8 55.6 52.0 41.4 — ▼ -2.00% 35.4 1/2/15/20
Energy & Power 83 scanned · 18 researched WATCH 55.7 50.0 63.4 58.2 — ▼ -0.50% 14.2 4/8/39/32
Financial Services 148 scanned · 5 ranked elsewhere · 11 researched WATCH 55.1 67.6 43.6 47.9 +0 ▼ -0.09% 15.1 0/4/90/54
Healthcare & Hospitals 58 scanned · 16 ranked elsewhere · 8 researched WATCH 49.8 28.4 73.8 66.5 +0 ▲ +0.15% 43.4 5/15/33/5
Hospitality & Tourism 37 scanned · 8 researched ACCUMULATE 63.8 68.3 68.6 44.0 — ▼ -0.40% 85.8 0/6/21/10
Chemicals 98 scanned · 8 researched WATCH 61.9 61.5 68.5 51.9 — — — 2/12/61/23
Construction & Materials 123 scanned · 10 researched ACCUMULATE 62.4 71.9 61.8 38.0 — — — 3/11/69/40
Capital Goods 101 scanned · 15 researched WATCH 52.7 33.9 78.5 62.4 +0 — — 10/11/66/14
Textiles & Apparel 47 scanned · 5 researched WATCH 56.0 50.0 62.6 61.0 — — — 2/6/27/12
Retail & Consumer 67 scanned · 4 researched WATCH 57.1 55.3 68.4 52.4 +0 — — 2/10/36/19
Packaging & Plastics 34 scanned · 2 researched WATCH 54.4 41.8 64.7 70.6 — — — 2/4/20/8
Logistics & Transport 25 scanned · 6 researched WATCH 45.8 29.9 67.6 52.0 — — — 5/3/10/7
Telecom & Media 29 scanned · 5 researched WATCH 52.7 50.0 60.2 47.6 — — — 3/1/14/11
Commercial Services 31 scanned · 6 researched WATCH 59.8 63.0 52.8 62.8 — — — 2/2/14/13
Diversified & Other 32 scanned · 1 researched WATCH 51.6 42.1 59.7 63.3 — — — 0/3/18/11

Source: data/verdicts.json × NSE sector index closes.

Stocks to Watch

Split evenly across large/mid/small/micro cap so this list isn't one tier's picks — new calls first, then the highest long-term composites within each. Micro-cap names are boxed and flagged Highly Volatile — worth watching, not a call to buy — since their price swings run about twice every other tier's. Each card shows the figures that selected it — open the desk for the full six-lens panel.

new call this session
P/E in the 79th percentile of its own 3-year range · ROCE 21.2% (up 14.2pt over 5y) · Piotroski 7/9
Composite 65.7 Mkt Cap 58,778 cr · Large P/E 40.07 ROCE 21.2% Piotroski 7/9
P/E in the 6th percentile of its own 3-year range · ROCE 19.2% (up 12.2pt over 5y)
Composite 88.5 Mkt Cap 279,172 cr · Large P/E 125.47 ROCE 19.2% Piotroski 5/9
new call this session
P/E in the 36th percentile of its own 3-year range · ROCE 15.5% (up 13.5pt over 5y)
Composite 73.1 Mkt Cap 36,570 cr · Mid P/E 42.46 ROCE 15.5% Piotroski 5/9
new call this session
P/E in the 22th percentile of its own 3-year range · ROCE 12.8% (up 0.8pt over 5y) · -25.3% off its 52-week high
Composite 67.8 Mkt Cap 15,454 cr · Mid P/E 20.42 ROCE 12.8% Piotroski 4/9
new call this session
P/E in the 27th percentile of its own 3-year range · ROCE 20.5% (down 13.5pt over 5y) · -27.6% off its 52-week high
Composite 58.3 Mkt Cap 14,896 cr · Small P/E 18.19 ROCE 20.5% Piotroski 5/9
P/E in the 0th percentile of its own 3-year range · ROCE 24.3% (up 24.3pt over 5y)
Composite 90.8 Mkt Cap 12,454 cr · Small P/E 57.31 ROCE 24.3% Piotroski 6/9
new call this session
Highly Volatile
P/E in the 1th percentile of its own 3-year range · ROCE 19.9% (down 15.1pt over 5y) · Piotroski 7/8
Composite 61.8 Mkt Cap 3,334 cr · Micro P/E 27.98 ROCE 19.9% Piotroski 7/8
new call this session
Highly Volatile
P/E in the 70th percentile of its own 3-year range · ROCE 18.3% (up 8.3pt over 5y) · Piotroski 7/8
Composite 61.7 Mkt Cap 4,941 cr · Micro P/E 18.51 ROCE 18.3% Piotroski 7/8

How We Evaluate

MetricWhy it is in the frameworkSource
Return on capital, level and trendDurable high ROCE predicts future returns; the trend separates a moat from a good year Novy-Marx 2013 JFE
Gross profitability (GP/assets)As predictive as book-to-market, and less prone to the value trap Novy-Marx 2013 JFE
Piotroski F-scoreA nine-signal accounting checklist that separates real improvers from statistically cheap traps Piotroski 2000 JAR
Cash-flow-to-net-profitAccrual-heavy profit reverts; cash-backed profit persists Sloan 1996 TAR
P/E versus the stock's own historyCheap relative to itself, not to a peer set that may be expensive as a whole Basu 1977 JF
Book-to-marketThe value premium, in its original form Fama–French 1992 JF
EV/EBITDACapital-structure-neutral, so it compares a leveraged firm to an unleveraged one Practitioner standard
Altman Z and interest coverageDistressed firms have delivered lower, not higher, returns — screen them out rather than chase them Altman 1968 JF; Campbell/Hilscher/Szilagyi 2008 JF
52-week-high proximity, 200-DMANearness to the high has predicted continuation — but momentum crashes, so never alone George & Hwang 2004 JF; Daniel & Moskowitz 2016 JFE
Promoter pledgePledged promoter holding is a governance red flag ahead of a forced sale Not currently available from either source — no penalty is applied

Full derivation in METHODOLOGY.md.