26th Aug 2024

Subscribers and Investors,

JainMatrix Investments, a Research Analyst firm, is pleased to present its latest update of our Satellite Stocks Basket. Key points are

• Introduction: It’s over 3 years since we introduced the Satellite stocks basket
• This update report is dated 25th Aug, and the report covers 10 stocks
• These firms are a mix of small, mid and large-cap firms
• The objective of this basket is to look at shorter-term, high-potential ideas that must outperform the Mid and Small-cap indices by 2-3% per year
• The Satellite stocks have performed excellently over the years
• Recommendation Changes:
  • In our last report, we had 7 BUYs and 2 HOLDs
  • In this, we introduce a new BUY, and downgrade a HOLD and a BUY, to SELL
  • So we now have 7 BUYs and 1 HOLD as the final stocks recommendations
  • These 7 BUYs represent 4 high potential sectors, and are high performers within these sectors
• Investing Trends: The trends we notice and capture in our report are:
  • Investor Optimism even at all time highs on Indices
  • More domestic focus rather than exports
  • Key themes are Consumption, Automobiles and Infrastructure
  • Several sectors are witnessing a cyclical upswing that should be sustained for several years.
• Based on our research, this Satellite stocks report includes 1-2 page notes on all these stocks and 2-year Target Prices for May 2026.
• Current subscribers may note the changes recommended.
• Investors new to our service may sign up using PRICING AND PAYMENT OPTIONS link, to grow their Direct Equity portfolios.

Disclaimers

This document has been prepared by JainMatrix Investments Bangalore (JM), and is meant for use by the recipient only as information and is not for circulation. This document is not to be reported or copied or made available to others without prior permission of JM. This report should not be considered or taken as an offer to sell or a solicitation to buy or sell any security. The information contained in this report has been obtained from sources that are considered to be reliable. However, JM has not independently verified the accuracy or completeness of the same. Neither JM nor any of its affiliates, its directors or its employees accepts any responsibility of whatsoever nature for the information, statements and opinion given, made available or expressed herein or for any omission therein. Investment in the securities market are subject to market risks. Read all the related documents carefully before investing. The suitability or otherwise of any investments will depend upon the recipient’s particular circumstances and, in case of doubt, advice should be sought from a RIA Registered Investment Advisor. JMI has been an equity investment adviser commercially since Nov 2012, and a SEBI certified and registered since 2016, under SEBI (Research Analysts) Regulations. Registration granted by SEBI, and certification from NISM in no way guarantee the performance of the Research Analyst or provide any assurance of returns to investors. Any questions should be directed to punit.jain@jainmatrix.com. Name of the RA as registered with SEBI – Punit Jain, SEBI Registration No. INH200002747. Logo/brand names are –