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The Close · The Open · The Long Desk · Archive · Research
Tue, 8 Sep 2026
1440 companies · 1461 sector slots · 21 sectors · 10 below Rs1000cr and not scanned · long-term lens

Trend Spotlight

Crude oil spikes toward $97/bbl after US and Iran strike vessels near the Strait of Hormuz.

Brent crude climbed to roughly $96.80-97/barrel (up ~9% over five days, ~19% over the past month) after US and Iran struck ships in and around the Strait of Hormuz on Sep 7, reviving fears of a prolonged disruption to a waterway carrying about a fifth of global oil supply. For India, a net oil importer, sustained crude at these levels is a direct headwind to the current account, inflation -- August CPI is already forecast at a 20-month high near 4.8% -- and the rupee, making it the dominant macro risk overhanging today's open.

Day ahead

GIFT Nifty points to a weak open, down ~0.4%, as crude-driven risk-off sentiment persists.

GIFT Nifty futures were down 89 points (0.38%) at 23,660.50 ahead of today's session, with immediate resistance flagged at 23,750. FPIs were net sellers (-Rs123cr) in the prior session while DIIs bought (+Rs1,350cr). The rupee is holding up relatively well near 94.96/USD on RBI intervention even as crude spikes, though it remains ~7.4% weaker year-over-year. Nothing is scheduled domestically today, but India's August CPI print (due Sep 14, forecast near a 20-month high of 4.8%) and the Sep 16 Fed decision (base case a hold at 3.50-3.75%, though the committee is described as genuinely split with hike odds near 30-40%) are the next two data points to watch.

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 (3)

Published this session (26)

new
Legs gate: news not confirmed — Weighted average rating 3.93/5 including quality and value — the rare combination.
new
Good business, bad price today (Value 1/5) — PEG 5.81; P/E cheaper than 12% of sector peers (P/E 116.14); EV/EBITDA 107.1, B/M 0.025. Watch for a better entry.
new
Good business, bad price today (Value 2/5) — PEG 1.2; P/E cheaper than 38% of sector peers (P/E 30.07); EV/EBITDA 10.7, B/M 0.64. Watch for a better entry.
new
Good business, bad price today (Value 2/5) — PEG 5.79; P/E cheaper than 36% of sector peers (P/E 30.13); EV/EBITDA 14.0, B/M 0.338. Watch for a better entry.
new
Micro-cap gate: market cap below Rs5,000cr blocks new BUY — Weighted average rating 4.43/5 including quality and value — the rare combination.
new
Good business, bad price today (Value 2/5) — PEG 0.77; P/E cheaper than 35% of sector peers (P/E 17.95); B/M 0.377. Watch for a better entry.
new
Good business, bad price today (Value 1/5) — PEG 1.45; P/E cheaper than 15% of sector peers (P/E 60.9); EV/EBITDA 54.2, B/M 0.103. Watch for a better entry.
new
Good business, bad price today (Value 2/5) — PEG 21.29; P/E cheaper than 64% of sector peers (P/E 34.06); EV/EBITDA 19.1, B/M 0.229. Watch for a better entry.
new
Mixed signal (weighted avg 3.25/5 across available lenses) — no strong edge either way.
new
Good business, bad price today (Value 1/5) — PEG 5.0; P/E cheaper than 0% of sector peers (P/E 87.96); EV/EBITDA 32.5, B/M 0.149. Watch for a better entry.
new
Micro-cap gate: market cap below Rs5,000cr blocks new BUY — Weighted average rating 4.39/5 including quality and value — the rare combination.
new
Micro-cap gate: market cap below Rs5,000cr blocks new BUY — Weighted average rating 4.08/5 including quality and value — the rare combination.

and 14 more — full list on the site.

Awaiting a second session (62)

TickerClosePublished PendingNote
ABBOTINDIA ₹25,555.00 QUALITY-WAIT HOLD if next session holds
AJANTPHARM ₹3,579.30 HOLD QUALITY-WAIT if next session holds
AJAXENGG ₹594.10 QUALITY-WAIT HOLD if next session holds
ARTEMISMED ₹342.05 HOLD QUALITY-WAIT if next session holds
ARVINDFASN ₹440.35 QUALITY-WAIT HOLD if next session holds
BANSALWIRE ₹314.90 HOLD QUALITY-WAIT if next session holds
BHARATFORG ₹2,003.70 HOLD QUALITY-WAIT if next session holds
BHARTIARTL ₹1,844.00 QUALITY-WAIT HOLD if next session holds
BIKAJI ₹583.70 HOLD QUALITY-WAIT if next session holds
BRIGADE ₹687.00 AVOID HOLD if next session holds
BUTTERFLY ₹614.55 HOLD QUALITY-WAIT if next session holds
CAMPUS ₹216.81 HOLD QUALITY-WAIT if next session holds
CARTRADE ₹3,176.70 BUY HOLD if next session holds
CASTROLIND ₹189.46 HOLD QUALITY-WAIT if next session holds
CHALET ₹897.75 BUY QUALITY-WAIT if next session holds
GOODLUCK ₹515.65 BUY HOLD if next session holds
HIRECT ₹1,281.40 HOLD QUALITY-WAIT if next session holds
HITECH ₹75.40 AVOID HOLD if next session holds
HYUNDAI ₹2,220.00 BUY QUALITY-WAIT if next session holds
ICICIGI ₹1,484.40 AVOID HOLD if next session holds
INDOTECH ₹3,696.80 HOLD QUALITY-WAIT if next session holds
IPCALAB ₹1,967.20 HOLD QUALITY-WAIT if next session holds
JSFB ₹539.80 QUALITY-WAIT HOLD if next session holds
JUBLINGREA ₹675.30 BUY HOLD if next session holds
KALYANKJIL ₹612.60 QUALITY-WAIT HOLD if next session holds
KIRLPNU ₹745.00 HOLD QUALITY-WAIT if next session holds
KNACK ₹183.91 BUY HOLD if next session holds
KRISHNADEF ₹1,111.60 QUALITY-WAIT HOLD if next session holds
LALPATHLAB ₹1,912.50 QUALITY-WAIT HOLD if next session holds
NAVA ₹554.55 BUY HOLD if next session holds
PARKHOSPS ₹282.25 BUY HOLD if next session holds
PAYTM ₹1,670.00 AVOID HOLD if next session holds
PNBGILTS ₹81.26 AVOID HOLD if next session holds
POLYMED ₹1,730.10 AVOID HOLD if next session holds
RAMCOSYS ₹609.15 BUY QUALITY-WAIT if next session holds
RATNAVEER ₹297.80 AVOID HOLD if next session holds
RISHABH ₹808.30 HOLD QUALITY-WAIT if next session holds
SANOFICONR ₹4,075.60 QUALITY-WAIT HOLD if next session holds
SBFC ₹97.35 AVOID HOLD if next session holds
SBIFUNDS ₹555.70 QUALITY-WAIT HOLD if next session holds
SIEMENS ₹3,951.30 QUALITY-WAIT HOLD if next session holds
SIKA ₹1,015.15 QUALITY-WAIT HOLD if next session holds
SPLPETRO ₹828.40 QUALITY-WAIT HOLD if next session holds
STARCEMENT ₹194.83 HOLD BUY if next session holds
SURAKSHA ₹340.10 QUALITY-WAIT HOLD if next session holds
TECHNOCRAF ₹403.85 HOLD QUALITY-WAIT if next session holds
TFCILTD ₹140.89 AVOID HOLD if next session holds
THELEELA ₹542.50 QUALITY-WAIT HOLD if next session holds
TIPSMUSIC ₹644.90 QUALITY-WAIT HOLD if next session holds
TITAGARH ₹880.80 QUALITY-WAIT HOLD if next session holds
TRAVELFOOD ₹1,295.50 QUALITY-WAIT HOLD if next session holds
TTKPRESTIG ₹549.20 QUALITY-WAIT HOLD if next session holds
TURTLEMINT ₹139.86 AVOID HOLD if next session holds
TVSSRICHAK ₹5,340.00 QUALITY-WAIT HOLD if next session holds
ULTRACEMCO ₹11,009.00 HOLD QUALITY-WAIT if next session holds
VHL ₹3,631.40 AVOID HOLD if next session holds
VINATIORGA ₹1,347.80 HOLD QUALITY-WAIT if next session holds
VMM ₹103.90 QUALITY-WAIT HOLD if next session holds
VSSL ₹356.60 HOLD QUALITY-WAIT if next session holds
WABAG ₹2,008.40 HOLD QUALITY-WAIT if next session holds
WINDLAS ₹1,146.10 QUALITY-WAIT HOLD if next session holds
YESBANK ₹22.52 AVOID HOLD if next session holds

Reporting today

No tracked name reports today.

Coming up

Source: NSE event calendar, filtered to the 1440 tracked names.

Market Overview

IndexClosePoints ChangeP/EP/B
Nifty 50 23,635.10 ▼ -144.05 ▼ -0.61% 19.98 2.86
Nifty Next 50 72,950.65 ▲ +374.90 ▲ +0.52% 19.28 3.25
Nifty 500 23,106.10 ▼ -50.10 ▼ -0.22% 22.39 3.21
Nifty Bank 56,777.55 ▼ -310.75 ▼ -0.54% 13.43 1.70
NIFTY Midcap 100 62,915.80 ▲ +129.65 ▲ +0.21% 30.32 4.33
▲ 1178 advancing ■ 32 unchanged ▼ 1436 declining of 2646 equities, vs the 2026-09-07 close
Cash market, ₹ crore
FII / FPI net
▼ -123.19
bought 11,705 · sold 11,828
DII net
▲ +1,349.64
bought 14,679 · sold 13,329
FII / FPI DII
FII / DII daily net cash flow · ₹ crore · scroll to zoom, drag to pan

Source: NSE ind_close_all_20260908 (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 ₹555.30 ▲ +121.2%
Waterways Leisure Tourism LimitedCORDELIA Tue, 18 Aug 2026 HOLD unchanged ₹830.00 ₹106.72 ▼ -87.1%
Shanthi Gears LtdSHANTIGEAR Tue, 18 Aug 2026 HOLD unchanged ₹388.95 ₹704.00 ▲ +81.0%
TCC Concept LtdTCC Tue, 18 Aug 2026 HOLD unchanged ₹253.05 ₹49.07 ▼ -80.6%
India Glycols LtdINDIAGLYCO Tue, 18 Aug 2026 BUY AVOID ₹1,139.20 ₹279.00 ▼ -75.5%
HEG LtdHEG Tue, 18 Aug 2026 HOLD unchanged ₹739.25 ₹266.00 ▼ -64.0%
Goodluck India LtdGOODLUCK Tue, 18 Aug 2026 BUY unchanged ₹1,330.00 ₹515.65 ▼ -61.2%
PVP Ventures LtdPVP Tue, 18 Aug 2026 AVOID unchanged ₹40.20 ₹64.07 ▲ +59.4%
Genesys International Corporation LtdGENESYS Tue, 18 Aug 2026 AVOID HOLD ₹182.30 ₹288.19 ▲ +58.1%
Oriental Aromatics LtdOAL Tue, 18 Aug 2026 AVOID unchanged ₹341.95 ₹530.95 ▲ +55.3%
Elitecon International LtdELITECON Tue, 18 Aug 2026 HOLD unchanged ₹17.13 ₹7.84 ▼ -54.2%
MV Electrosystems LtdMVELECTRO Tue, 18 Aug 2026 AVOID unchanged ₹574.10 ₹883.25 ▲ +53.8%

1428 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

Chalet Hotels' CEO succession completed exactly as planned, resolving the open governance question. Hospitality & Tourism

Sanjay Sethi retired as MD & CEO on Jan 31, 2026 and moved to a non-executive board role, while Shwetank Singh -- CEO Designate since mid-2025 and an Executive Director since Oct 2024 -- became MD & CEO on Feb 1, 2026, exactly as previously announced. No abrupt departure or further senior exits were found. This directly resolves the open claim that the succession would be orderly and argues against the pending BUY->HOLD call downgrade.

CHALET

Hyundai India reaffirms FY27 guidance; Q1 profit fall still tracks the 'transitory' supplier-fire explanation. Automobiles

Hyundai Motor India's MD & CEO Tarun Garg said Chennai-plant production was fully restored by end of June following a supplier-facility fire, and reaffirmed FY27 guidance of 8-10% volume growth and 11-14% EBITDA margin. This is consistent with the open claim that the Q1 FY27 35% YoY profit fall was a one-off, not structural, but Q2 FY27 results -- the actual test of whether the Chennai-linked hit persisted -- have not yet been reported.

HYUNDAI

Jubilant Ingrevia's chairman cleared of allegations as company posts a 41% Q1 profit jump and a specialty-chemicals stake buy. Chemicals

A closure report cleared chairman Shyam Bhartia of allegations, which the court has accepted, removing a governance overhang, while Q1 FY27 net profit rose 40.9% YoY to Rs105.82cr (revenue +0.5%) and the company pursues a 40% stake in Zettaone (~Rs189cr) as part of a shift toward specialty chemicals. Separately, an analyst flagged rising receivables, contingent liabilities and unspecified governance watchpoints, and the company is appealing a GST order -- enough unresolved caution to keep this from a clean read.

JUBLINGREA

UltraTech gets a bullish brokerage call on its new cables & wires business as it starts commercial production. Construction & Materials

Choice Institutional Equities set a 12-month target of Rs15,210 (34% upside) on ULTRACEMCO, citing its Rs1,800cr cables & wires foray as strategically positive; the Bharuch C&W plant began commercial production Sep 1, 2026. The broader construction-sector capex backdrop -- FY27 budget capex of Rs12.2 lakh crore and an estimated 480-490MT of cement production -- remains supportive, though this is a single-sourced brokerage opinion concentrated in one constituent.

ULTRACEMCO

Brigade formally contests its Morgan Heights EC revocation; still no sign the issue spreads beyond one project. Realty

Tamil Nadu's SEIAA revoked the environmental clearance for Brigade's ~Rs2,000cr Morgan Heights project in Perumbakkam, Chennai on May 8, 2026, and Brigade is challenging the revocation as procedurally unsound, saying it received no prior notice or hearing. No EC issues or stop-work orders have surfaced at any other Brigade project, consistent with the open claim that this is a contained, single-project dispute -- though the dispute itself remains unresolved.

BRIGADE

Sector Scorecard

Entry score is 40% cheap-vs-history + 25% quality trend + 20% news catalyst + 15% technicals, for the 4 sectors with a researched catalyst. The other 17 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 · 16 researched ACCUMULATE 62.8 64.0 78.5 33.4 ▼ -0.37% 19.1 1/8/59/7
Banks 40 scanned · 13 researched AVOID 43.6 30.6 52.3 64.0 ▼ -0.54% 13.4 0/2/28/10
Pharmaceuticals 85 scanned · 11 researched AVOID 42.5 16.3 72.0 63.0 ▲ +0.77% 41.6 0/19/55/11
Automobiles 109 scanned · 21 researched WATCH 48.6 23.0 78.6 67.0 ▲ +0.28% 32.3 1/22/75/11
FMCG 106 scanned · 4 researched WATCH 56.6 50.0 68.3 54.6 ▲ +0.35% 31.7 0/20/68/18
Metals & Mining 83 scanned · 8 researched WATCH 46.8 26.0 67.9 67.0 ▲ +0.02% 16.0 1/9/54/19
Realty 39 scanned · 5 researched WATCH 53.7 50.0 52.0 66.2 ▼ -0.05% 37.9 0/1/16/22
Energy & Power 83 scanned · 11 researched WATCH 53.8 45.1 63.4 61.0 ▲ +0.32% 14.8 1/7/42/33
Financial Services 149 scanned · 5 ranked elsewhere · 5 researched WATCH 51.6 52.0 43.9 63.2 ▼ -0.93% 15.8 0/6/87/56
Healthcare & Hospitals 58 scanned · 16 ranked elsewhere · 3 researched WATCH 48.5 26.2 73.8 65.6 ▲ +0.63% 43.6 1/16/35/6
Hospitality & Tourism 38 scanned · 6 researched WATCH 60.7 64.2 67.4 40.5 ▲ +0.18% 87.9 1/5/22/10
Chemicals 100 scanned · 3 researched WATCH 56.5 50.0 68.5 61.0 +0 1/13/62/24
Construction & Materials 127 scanned · 6 researched WATCH 58.8 67.0 60.8 43.8 +0 0/10/74/43
Capital Goods 103 scanned · 7 researched WATCH 50.2 27.4 78.5 64.0 0/14/76/13
Textiles & Apparel 48 scanned · 2 researched WATCH 53.7 47.5 61.9 61.6 +0 0/5/30/13
Retail & Consumer 67 scanned · 1 researched WATCH 58.6 50.0 68.4 65.0 1/12/36/18
Packaging & Plastics 34 scanned WATCH 51.2 35.0 64.7 71.8 1/4/21/8
Logistics & Transport 25 scanned · 1 researched WATCH 46.4 24.9 67.6 68.6 0/3/15/7
Telecom & Media 29 scanned · 2 researched WATCH 52.5 50.0 60.2 49.0 +0 0/3/15/11
Commercial Services 31 scanned · 3 researched WATCH 58.2 58.2 52.8 67.2 0/1/17/13
Diversified & Other 32 scanned · 1 researched WATCH 48.1 34.5 59.7 65.2 0/4/16/12

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
ROCE 56.5% (up 7.5pt over 5y)
Composite 80.7 Mkt Cap 113,186 cr · Large P/E 36.61 ROCE 56.5% Piotroski 5/9
new call this session
P/E in the 25th percentile of its own 3-year range · ROCE 18.9% (up 7.9pt over 5y) · -26.9% off its 52-week high
Composite 79.5 Mkt Cap 397,450 cr · Large P/E 27.69 ROCE 18.9% Piotroski 5/9
new call this session
P/E in the 6th percentile of its own 3-year range · ROCE 20.7% (up 31.7pt over 5y) · -29.3% off its 52-week high
Composite 86.5 Mkt Cap 18,470 cr · Mid P/E 25.44 ROCE 20.7% Piotroski 5/9
new call this session
P/E in the 35th percentile of its own 3-year range · ROCE 33.3% (up 20.3pt over 5y)
Composite 83.7 Mkt Cap 44,887 cr · Mid P/E 27.01 ROCE 33.3% Piotroski 6/9
new call this session
P/E in the 4th percentile of its own 3-year range · ROCE 29.3% (up 18.3pt over 5y) · Piotroski 8/9
Composite 85.8 Mkt Cap 9,773 cr · Small P/E 13.82 ROCE 29.3% Piotroski 8/9
new call this session
P/E in the 2th percentile of its own 3-year range · ROCE 21.3% (up 12.3pt over 5y)
Composite 85.8 Mkt Cap 8,569 cr · Small P/E 33.43 ROCE 21.3% Piotroski 4/8
new call this session
Highly Volatile
P/E in the 5th percentile of its own 3-year range · ROCE 21.2% (up 30.2pt over 5y) · -30.2% off its 52-week high
Composite 86.5 Mkt Cap 1,802 cr · Micro P/E 20.11 ROCE 21.2% Piotroski 5/8
new call this session
Highly Volatile
ROCE 29.6% (up 38.6pt over 5y) · Piotroski 8/8 · -25.9% off its 52-week high
Composite 84.4 Mkt Cap 1,084 cr · Micro P/E 17.93 ROCE 29.6% Piotroski 8/8

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.