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The Close · The Open · The Long Desk · Archive · Research · Top Stocks
Fri, 18 Sep 2026
1433 companies · 1454 sector slots · 21 sectors · 17 below Rs1000cr and not scanned · long-term lens

Trend Spotlight

The US Fed hiked rates 25bps to 3.75-4% (first hike since 2023) just as India's own CPI accelerated to 4.82%, a 20-month high.

A hawkish Fed alongside a tenth straight month of rising Indian inflation narrows RBI's room to ease and adds pressure to an already-volatile rupee (95.12-96.11/USD this week). For a long-term entry decision this raises the cost-of-capital backdrop across rate-sensitive and import-heavy sectors rather than any single name's fundamentals changing overnight.

Sources: cnbc.com · cnbc.com

Day ahead

GIFT Nifty points to a gap-up open (~23,350) on firmer Asian and US cues, while crude eases off its Iran-war peak and the rupee stays volatile.

GIFT Nifty was last quoted near 23,369 versus Nifty's prior close, consistent with Asian markets (Nikkei, KOSPI, Hang Seng) trading higher on tech-led Wall Street gains and a pullback in US Treasury yields. Brent-linked crude has eased to ~$101/bbl from a ~$109 peak on Sept 9 as Saudi ship-to-ship transfers via Sohar partly offset the Strait of Hormuz disruption, though it remains well above pre-war levels — a relevant swing for auto, energy and chemicals importers. No RBI MPC is scheduled this month; the next review falls in October.

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
unconfirmed: sector, news
Unconfirmed: sector, news not checked — Weighted average rating 4.38/5 including quality and value — the rare combination.
new
Good business, bad price today (Value 2/5) — PEG n/a; P/E cheaper than 52% of sector peers (P/E 37.19); EV/EBITDA 25.7, B/M 0.158. Watch for a better entry.

Awaiting a second session (36)

TickerClosePublished PendingNote
ABBOTINDIA ₹27,270.00 BUY QUALITY-WAIT if next session holds
APOLLOTYRE ₹409.30 BUY HOLD if next session holds
ASHAPURMIN ₹525.35 HOLD BUY if next session holds
ASHIANA ₹354.75 HOLD QUALITY-WAIT if next session holds
AVL ₹636.95 AVOID HOLD if next session holds
BANCOINDIA ₹604.00 BUY HOLD if next session holds
BHARATFORG ₹1,962.10 HOLD QUALITY-WAIT if next session holds
BHEL ₹439.90 HOLD QUALITY-WAIT if next session holds
BUTTERFLY ₹585.80 HOLD QUALITY-WAIT if next session holds
CANBK ₹123.78 BUY HOLD if next session holds
CARERATING ₹1,668.60 HOLD BUY if next session holds
DCBBANK ₹218.35 BUY HOLD if next session holds
FIEMIND ₹1,937.30 BUY HOLD if next session holds
GILLETTE ₹7,073.00 QUALITY-WAIT BUY if next session holds
HEROMOTOCO ₹5,285.50 BUY HOLD if next session holds
IGIL ₹330.95 BUY QUALITY-WAIT if next session holds
JAMNAAUTO ₹125.03 BUY HOLD if next session holds
JTLIND ₹87.67 AVOID HOLD if next session holds
JUBLFOOD ₹500.00 HOLD QUALITY-WAIT if next session holds
KRN ₹1,446.20 AVOID HOLD if next session holds
LGBBROSLTD ₹1,730.40 BUY HOLD if next session holds
LUMAXIND ₹5,851.00 BUY HOLD if next session holds
MANINDS ₹851.55 HOLD QUALITY-WAIT if next session holds
NAVINFLUOR ₹8,590.00 HOLD QUALITY-WAIT if next session holds
PINELABS ₹192.04 AVOID HOLD if next session holds
PRICOLLTD ₹767.50 BUY HOLD if next session holds
SANOFI ₹3,087.40 BUY HOLD if next session holds
SHARDAMOTR ₹967.05 BUY HOLD if next session holds
SHRIPISTON ₹4,576.60 BUY QUALITY-WAIT if next session holds
SKFINDIA ₹1,552.60 BUY HOLD if next session holds
SSWL ₹372.40 BUY HOLD if next session holds
STYLAMIND ₹3,295.50 BUY QUALITY-WAIT if next session holds
TENNIND ₹517.90 BUY HOLD if next session holds
TMCV ₹442.90 BUY HOLD if next session holds
TTKPRESTIG ₹530.85 QUALITY-WAIT HOLD if next session holds
WHEELS ₹2,175.70 BUY HOLD if next session holds

Reporting today

No tracked name reports today.

Coming up

Source: NSE event calendar, filtered to the 1433 tracked names.

Market Overview

IndexClosePoints ChangeP/EP/B
Nifty 50 23,346.40 ▲ +75.80 ▲ +0.33% 19.74 2.82
Nifty Next 50 72,025.40 ▲ +881.40 ▲ +1.24% 19.04 3.21
Nifty 500 22,840.55 ▲ +185.90 ▲ +0.82% 22.13 3.17
Nifty Bank 56,358.70 ▲ +302.95 ▲ +0.54% 13.33 1.69
NIFTY Midcap 100 62,191.25 ▲ +759.15 ▲ +1.24% 29.97 4.26
▲ 1772 advancing ■ 31 unchanged ▼ 835 declining of 2638 equities, vs the 2026-09-17 close
Cash market, ₹ crore
FII / FPI net
▲ +599.54
bought 38,462 · sold 37,862
DII net
▲ +1,019.69
bought 17,310 · sold 16,290
FII / FPI DII
FII / DII daily net cash flow · ₹ crore · scroll to zoom, drag to pan

Source: NSE ind_close_all_20260918 (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 ₹603.55 ▲ +140.4%
Waterways Leisure Tourism LimitedCORDELIA Tue, 18 Aug 2026 HOLD unchanged ₹830.00 ₹115.15 ▼ -86.1%
TCC Concept LtdTCC Tue, 18 Aug 2026 HOLD unchanged ₹253.05 ₹49.85 ▼ -80.3%
Shanthi Gears LtdSHANTIGEAR Tue, 18 Aug 2026 HOLD unchanged ₹388.95 ₹700.05 ▲ +80.0%
India Glycols LtdINDIAGLYCO Tue, 18 Aug 2026 BUY AVOID ₹1,139.20 ₹263.70 ▼ -76.9%
STL Networks LtdSTLNETWORK Tue, 18 Aug 2026 AVOID unchanged ₹25.68 ₹42.95 ▲ +67.3%
HEG LtdHEG Tue, 18 Aug 2026 HOLD BUY ₹739.25 ₹266.00 ▼ -64.0%
Goodluck India LtdGOODLUCK Tue, 18 Aug 2026 BUY HOLD ₹1,330.00 ₹517.25 ▼ -61.1%
Indo Rama Synthetics (India) LtdINDORAMA Tue, 18 Aug 2026 AVOID HOLD ₹56.81 ₹91.05 ▲ +60.3%
Raymond LtdRAYMOND Tue, 18 Aug 2026 HOLD unchanged ₹625.00 ₹978.00 ▲ +56.5%
Genesys International Corporation LtdGENESYS Tue, 18 Aug 2026 AVOID HOLD ₹182.30 ₹285.19 ▲ +56.4%
Quadrant Future Tek LtdQUADFUTURE Tue, 18 Aug 2026 AVOID unchanged ₹341.00 ₹528.20 ▲ +54.9%

1421 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

Sanofi India's CFO resigns as the Supreme Court revives a decade-old criminal supply case Pharmaceuticals

Whole Time Director/CFO Rachid Ayari resigns effective Sept 30, 2026 with no successor yet named, while the Supreme Court separately dismissed Sanofi India's appeal against a CBI case over 2012-15 medicine supply to BARC, holding the company can be prosecuted even without a named individual. Neither event is confirmed severe on its own, but a CFO exit landing alongside a revived legal matter is a governance flag worth tracking into the next results.

SANOFI

A second Jamna Auto promoter also sold a large stake the same day, undercutting the 'one-off' reading of the Sept 11 block deal Automobiles

Alongside Pradeep Singh Jauhar's already-known 2.49% sale, a second promoter, Randeep Singh Jauhar, cut his own stake from 4.38% to 1.88% in a block deal the same day. No adverse cause has been disclosed for either sale, but two promoters selling comparably-sized stakes on the same day reads as a pattern rather than an isolated event, and feeds directly into the pending BUY->HOLD call review.

JAMNAAUTO

Vadilal Industries' related-party supply pact was approved on one side and rejected on the other FMCG

Vadilal Industries' Sept 10 AGM approved renewing its Rs 1,373cr reciprocal supply arrangement with related party Vadilal Enterprises, but Vadilal Enterprises' own shareholders rejected the corresponding agreement two days earlier (99.49% against, promoters abstaining). The split outcome across the two related entities leaves the arrangement's status unclear and is worth tracking as a related-party governance flag, though it does not itself point to client loss.

VADILALIND

Indus Towers' board approved entry into Africa, starting with Nigeria, Uganda and Zambia Telecom & Media

The Sept 2 board approval diversifies Indus Towers' revenue away from sole dependence on Bharti Airtel and Vodafone Idea, its two anchor Indian tenants, one of which (VIL) has an ongoing SC-verdict overhang. Single-sourced, but a genuine new growth avenue rather than routine commentary.

INDUSTOWER
Sources: trendlyne.com

Sector Scorecard

Entry score is 40% cheap-vs-history + 25% quality trend + 15% technicals, renormalised over those three — the 20% news catalyst is not counted because no research was written for this session. It is not treated as neutral; it is absent. ≥62 accumulate · 45–61 watch · <45 avoid.

SectorStanceEntryCheap QualityTechNews IndexIdx P/EB/W/H/A
Information Technology 75 scanned · 17 researched WATCH 60.6 60.6 78.5 31.0 ▼ -1.03% 18.4 5/9/54/7
Banks 40 scanned · 13 researched AVOID 44.6 32.5 52.3 63.9 ▲ +0.54% 13.3 2/0/29/9
Pharmaceuticals 85 scanned · 19 researched WATCH 46.0 21.2 72.0 68.6 ▲ +0.49% 41.4 6/19/49/11
Automobiles 109 scanned · 33 researched WATCH 50.7 27.5 78.6 66.2 ▼ -0.11% 31.5 15/20/63/11
FMCG 104 scanned · 8 researched WATCH 58.2 53.8 68.9 52.1 ▼ -0.23% 31.5 3/21/62/18
Metals & Mining 83 scanned · 12 researched WATCH 52.4 38.6 67.9 63.4 ▲ +1.51% 15.9 8/9/48/18
Realty 38 scanned · 5 researched WATCH 53.1 55.4 52.0 48.6 ▲ +1.19% 35.9 1/1/16/20
Energy & Power 83 scanned · 14 researched WATCH 53.0 43.5 63.4 61.0 ▲ +1.05% 14.7 5/6/40/32
Financial Services 149 scanned · 5 ranked elsewhere · 9 researched WATCH 50.6 51.2 43.3 61.0 ▲ +0.76% 15.7 4/4/92/49
Healthcare & Hospitals 58 scanned · 16 ranked elsewhere · 4 researched WATCH 46.3 21.9 73.8 65.6 ▲ +0.51% 43.5 5/15/33/5
Hospitality & Tourism 38 scanned · 9 researched WATCH 59.3 56.9 67.4 52.0 ▲ +2.53% 88.8 4/4/20/10
Chemicals 99 scanned · 5 researched WATCH 58.4 53.0 68.7 55.6 2/10/64/23
Construction & Materials 125 scanned · 8 researched ACCUMULATE 62.3 72.6 60.8 37.6 5/9/69/42
Capital Goods 103 scanned · 13 researched WATCH 51.8 31.0 78.5 62.8 11/13/64/15
Textiles & Apparel 47 scanned · 3 researched WATCH 56.0 50.0 62.6 61.0 2/4/29/12
Retail & Consumer 67 scanned · 2 researched WATCH 57.0 50.0 68.4 56.8 2/8/38/19
Packaging & Plastics 34 scanned · 1 researched WATCH 53.3 38.9 64.7 72.9 1/3/22/8
Logistics & Transport 25 scanned · 5 researched WATCH 46.5 27.4 67.6 62.4 5/3/10/7
Telecom & Media 29 scanned · 5 researched WATCH 52.9 50.0 60.2 48.4 3/1/14/11
Commercial Services 31 scanned · 5 researched WATCH 58.3 60.9 52.8 60.4 3/1/14/13
Diversified & Other 32 scanned · 1 researched WATCH 49.2 37.5 59.7 62.7 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 100th percentile of its own 3-year range · ROCE 17.0% (down 14.0pt over 5y) · Piotroski 8/9
Composite 39.3 Mkt Cap 50,981 cr · Large P/E 37.19 ROCE 17.0% Piotroski 8/9
P/E in the 9th percentile of its own 3-year range · ROCE 19.7% (up 8.7pt over 5y) · Piotroski 7/9
Composite 87.1 Mkt Cap 142,829 cr · Large P/E 42.3 ROCE 19.7% Piotroski 7/9
new call this session
P/E in the 46th percentile of its own 3-year range · ROCE 42.4% (up 51.4pt over 5y)
Composite 81.1 Mkt Cap 16,543 cr · Mid P/E 34.75 ROCE 42.4% Piotroski 6/9
new call this session
P/E in the 38th percentile of its own 3-year range · ROCE 36.0% (up 41.0pt over 5y) · Piotroski 8/9
Composite 77.3 Mkt Cap 23,042 cr · Mid P/E 20.91 ROCE 36.0% Piotroski 8/9
new call this session
P/E in the 6th percentile of its own 3-year range · ROCE 14.0% (up 15.0pt over 5y) · Piotroski 9/9
Composite 73.6 Mkt Cap 8,435 cr · Small P/E 32.94 ROCE 14.0% Piotroski 9/9
new call this session
P/E in the 44th percentile of its own 3-year range · ROCE 26.1% (down 31.9pt over 5y)
Composite 60.5 Mkt Cap 10,889 cr · Small P/E 46.39 ROCE 26.1% Piotroski 4/8
new call this session
Highly Volatile
P/E in the 22th percentile of its own 3-year range · ROCE 19.5% (up 6.5pt over 5y) · Piotroski 9/9
Composite 70.3 Mkt Cap 4,965 cr · Micro P/E 29.11 ROCE 19.5% Piotroski 9/9
new call this session
Highly Volatile
P/E in the 23th percentile of its own 3-year range · ROCE 6.14% (down 1.9pt over 5y)
Composite 38.2 Mkt Cap 1,426 cr · Micro P/E 14.11 ROCE 6.14% Piotroski 2/8

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.