Research Scorecard - ICICI Direct
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March 2020
Research Scorecard
ICICI Securities – Retail Equity Research MOMENTUM PICKKey pillars of our equity proposition
Intensive Research Innovative & flexible products
MOMENTUM PICK
Dedicated team for fundamental, derivative Offer innovative and unique products to
and technical research cater to every client’s need
Total 30 fundamental research analysts Provide flexibility in product and
covering 307 companies across sectors service features
Customised research solutions – for Execution
investing or trading using cash, equities or
Margins
derivatives
Liquidity
Strong service platform Institutional & Corporate Services
ICICI Securities – Retail Equity Research
Dedicated equity advisors to guide you on Institutional services offered to our HNI
the markets clients
Online and mobile platforms for trading Block deals
and account tracking VWAP trading
Online reporting systems for tracking Compliance reporting and monitoring
transactions, profitability, securities services for employee accounts
position and cash movement
2Research Philosophy
3
ICICI Securities – Retail Equity Research MOMENTUM PICKStock selection basis
Fundamentals Momentum
MOMENTUM PICK
• Financials of the company Stock price movement vis-à-vis
• Growth prospects of the industry and market and historical averages
company Transaction volume
• Quality of management
• Competitive landscape
Valuations Technicals
ICICI Securities – Retail Equity Research
Stock price vis-à-vis: Chart based parameters
Peers Moving average price
Earnings quality Trend reversals
Intrinsic value Historical cycles
Patterns
4Research catering to client needs
Fundamentals Momentum Technicals
MOMENTUM PICK
Long term
Investing
Medium term
Investing
ICICI Securities – Retail Equity Research
Short term
Trading
Intra – day
Trading
High Low Absent
5Research basket
MOMENTUM PICK
Three to five years perspective – Equity model portfolio
Long term Twelve to 15 month perspective – Detailed company reports
Investing
Others – Muhurat Picks and Annual & Mid-Strategy Picks
Medium term Six months perspective
Investing Gladiator Stocks
Seven to 30 days perspective
ICICI Securities – Retail Equity Research
Short term Monthly and Weekly Reports – Technical & Derivatives
Trading
Momentum Pick, Positional Derivatives and Volatility Insight
One to three days perspective
Intra – day
Daily Calls – Technical, Momentum and Derivatives
Trading
Intra-day Calls – BTST, Margin and Derivatives
67
Research Performance – Long Term Investing
ICICI Securities – Retail Equity Research MOMENTUM PICKNano Nivesh, Instinct, Stock Tales, well accepted fundamental
products
MOMENTUM PICK
It is a regular pursuit of the Research team to identify new investment ideas for our valuable customers. The same has
been bought under coverage through detailed initiating reports, Nano Nivesh and I-direct Instinct formats
Average CAGR/ HPR return for released Nano Nivesh reports has performed reasonably well with seven stocks turning
into multi-baggers
I-direct Instinct report format captures the tactical market opportunity in a time bound manner
We have also recently initiated a new product Stock Tales, which is a concise, holistic stock report across a wider
ICICI Securities – Retail Equity Research
spectrum of sectorsI-direct Nano Nivesh performance
Nano Nivesh Recommendations
MOMENTUM PICK
In itiatio n /Up
Pe ak s to ck
C o m p an y Nam e In itiatio n Date (T ) Up d ate Date d ate Sto ck C MP Re tu r n (%)
p r ice
p r ice
Siyar am Silk Mills 13-De c-12 29-Jan -20 230 129 -43.9 766.1
D-L in k In d ia 20-Mar -13 18-Se p -18 85 60 -29.4 145.4
Wim Plas t 02-A p r -13 20-A u g -19 415 257 -38.1 1644.7
Bu tte r fly G an d h im ath i A p p lian ce s # 03-Mar -14 08-A u g -19 150 95 -37.0 634.2
A cce lya Kale 30-Ju n -14 18-Mar -20 915 870 -4.9 1423.3
A p co te x In d u s tr ie s * 18-Ju l-14 18-Mar -20 79 85 7.6 633.8
So n ata So ftw ar e 12-Se p -14 18-Mar -20 232 163 -29.7 407.6
G an d h i Sp e cial T u b e s 06-Jan -15 20-No v-19 290 194 -33.1 429.1
C o n tr o l Pr in t* 28-De c-15 25-O ct-19 261 198 -24.3 525.2
Sag ar C e m e n t 29-De c-15 23-O ct-19 537 282 -47.5 1097.2
Em m b i In d u s tr ie s 31-De c-15 18-Mar -20 56 46 -17.9 247.0
ICICI Securities – Retail Equity Research
Maje s co 30-Mar -16 18-Mar -20 261 230 -11.9 579.8
Ph illip s C ar b o n Black * 11-Ju l-16 02-Mar -20 110 69 -37.3 296.2
O r ie n tal C ar b o n & C h e m icals 24-O ct-16 04-Fe b -19 1200 556 -53.7 1490.5
Sh r e e Pu s h k ar C h e m icals 13-Jan -17 27-May-19 142 74 -47.9 332.0
NC L In d u s tr ie s 20-Mar -17 14-Fe b -20 86 54 -37.2 289.9
L in c Pe n & Plas tics 12-Jan -17 13-Ju n -19 200 140 -30.0 518.6
Kan p u r Plas tip ack 23-Mar -17 18-Mar -20 41 45 9.8 171.4
Bo d al C h e m ical 12-O ct-17 23-May-19 113 44 -61.1 185.3
In e o s Styr o lu tio n In d ia 12-O ct-17 10-A u g -18 786 532 -32.3 1135.3
MM Fo r g in g s 29-No v-17 16-Mar -20 330 172 -47.9 717.4
Sim m o n d s Mar s h all 18-A p r -18 22-No v-19 42 22 -47.6 151.0
Sh aily En g in e e r in g Plas tics 25-A p r -18 12-A u g -19 542 234 -56.8 1463.0
In ve s tm e n t Pr e cis io n C as tin g s 01-Ju n -18 02-May-19 250 140 -44.0 505.4
Sar e g am a 07-Se p -18 14-A u g -19 406 216 -46.8 912.4
V ar d h m an Sp e cial Ste e l 18-A p r -19 18-A u g -19 96 42 -56.3 186.0
Mas te k L td 21-No v-19 11-Fe b -20 417 175 -58.0 187.0
*Adjusted for stock splitI-direct Instinct performance
Idirect Ins tinct R ecom m endations
MOMENTUM PICK
In itiatio n /Up
Pe ak s to ck
Id ir e ct In s tin ct In itiatio n Date (T ) Up d ate Date d ate Sto ck C MP Re tu r n (%)
p r ice
p r ice
He s te r Bio s cie n ce s 29-Mar -17 30-O ct-18 1155 957 -17.1 1906.4
O r ie n tal Ho te l 23-Mar -17 04-Fe b -20 31 17 -46.8 66.5
G o d r e j In d u s tr ie s 10-Ju l-17 21-No v-19 445 279 -37.3 686.7
Mo r g an ite C r u cib le 11-Ju l-17 - 1122 1425 27.0 2252.3
Bir la C o r p o r atio n 13-Ju l-17 08-Jan -20 635 417 -34.3 1232.9
Z e e Me d ia C o r p 19-Se p -17 08-A u g -19 11 4 -64.5 48.8
Ro yal O r ch id 19-Se p -17 18-A p r -18 232 40 -82.9 223.4
A ctio n C o n s tr u ctio n Eq u ip e m n t 14-No v-17 06-Fe b -20 76 32 -58.4 192.9
NESC O 23-No v-17 07-A u g -19 537 453 -15.6 626.5
Haw k in s C o o k e r s 24-No v-17 04-Fe b -20 4600 3895 -15.3 3456.4
ICICI Securities – Retail Equity Research
So u th In d ian Ban k 27-No v-17 26-Mar -20 11 6 -48.2 33.3
T itag ar h Wag o n s 27-No v-17 - 165 28 -82.9 184.0
Su n d ar am Fin an ce 06-De c-17 19-No v-19 1655 1173 -29.1 1844.2
San o fi In d ia 18-De c-17 27-Fe b -20 7150 6656 -6.9 6571.6
Me r ck ltd 19-De c-17 - 1200 3718 209.9 4091.7
A b b o tt In d ia 19-De c-17 10-Fe b -20 14133 15810 11.9 8593.4
Pfiz e r L td 19-De c-17 31-O ct-19 4055 4020 -0.9 3711.9
G o o d ye ar In d ia 03-Jan -18 16-Mar -20 770 615 -20.1 1265.4
G M Br e w ar ie s 04-Jan -18 - 776 312 -59.7 942.6
Hin d u s tan O il Exp lo r atio n 07-Fe b -18 - 118 37 -69.1 162.7
NG L Fin e -C h e m L td 20-Mar -18 - 386 289 -25.1 651.3
EIH A s s o ciate d Ho te ls 27-Mar -18 08-No v-19 312 207 -33.7 630.3
FDC In d ia 07-A u g -18 - 244 200 -18.0 304.9
Hik al 12-O ct-18 29-O ct-19 108 74 -31.5 197.5
Hin d Re ctifie r s 29-Mar -19 14-No v-19 212 127 -40.1 157.6
HUDC O 13-Ju l-17 08-No v-19 41 19 -53.2 95.5I-direct Stock Tales performance
Idirect Stock Tales Recommendations
In itiatio n /
MOMENTUM PICK
Id ir e ct Sto ck T ale s In itiatio n Date (T ) Up d ate Up d ate C MP Re tu r n (%)
Pr ice
Po lycab In d ia L td 13-Se p -19 628 737 17.3
A ve n u e Su p e r m ar ts 13-Se p -19 26-Mar -20 1995 2067 3.6
T ata C h e m icals * 16-Se p -19 04-Fe b -20 259 219 -15.8
Mp h as is L td 16-Se p -19 18-Mar -20 661 672 1.6
Rad ico Kh aitan 24-Se p -19 24-Jan -20 370 273 -26.2
He xaw ar e T e ch n o lo g ie s 25-Se p -19 18-Mar -20 290 221 -23.8
G T PL Hath w ay 27-Se p -19 14-Jan -20 76 46 -39.7
A d an i G as L td 30-Se p -19 31-Mar -20 89 90 1.5
G ab r ie l In d ia 30-Se p -19 16-Mar -20 75 51 -31.6
T ata Me talik s 01-O ct-19 521 345 -33.9
A m b e r En te r p r is e s 04-O ct-19 878 1193 35.8
Nir lo n L td 17-O ct-19 225 221 -1.8
ICICI Securities – Retail Equity Research
V IP In d u s tr ie s 18-O ct-19 18-Fe b -20 455 225 -50.5
G lo b u s Sp ir it 25-O ct-19 120 86 -28.5
Se cu r ity & In te llig e n ce Se r vice s 04-No v-19 03-Fe b -20 515 426 -17.3
A d o r We ld in g 26-No v-19 312 189 -39.6
Z yd u s We lln e s s 03-De c-19 1440 1216 -15.6
Sh alb y L td 10-De c-19 103 43 -58.1
He alth car e G lo b al En te r p r is e s 10-De c-19 102 74 -27.5
A s te r DM He alth car e 10-De c-19 154 94 -39.0
Z e n s ar T e ch n o lo g ie s 20-De c-19 18-Mar -20 100 88 -11.9
Mo tilal O s w al Fin an cial Se r vice s 23-De c-19 729 479 -34.3
5p ais a C ap ital 23-De c-19 180 115 -36.1
IIFL Se cu r itie s 23-De c-19 38 34 -10.0
G e o jit Fin an cial Se r vice s 23-De c-19 27.3 19 -32.1
Ed e lw e is s Fin an cial 23-De c-19 115 42 -63.3
JM Fin an cial 23-De c-19 91 62 -31.9
Re laxo Fo o tw e ar 13-Mar -20 660 601 -9.0
* CMP of Tata Chemicals has been adjus ted due to de-merger of cons umer bus ines s f rom Tata Chemicals
April 7, 2020 ICICI Securities Ltd. | Retail Equity Research 11Equity Model Portfolio – Large Cap
Earlier Now
MOMENTUM PICK
Name of the company Weightage(%) Name of the company Weightage(%)
Auto 4.0 Auto 4.0
Mahindra & Mahindra (M&M) 4.0 Mahindra & Mahindra (M&M) 4.0
BFSI 39.0 BFSI 39.0
HDFC Bank 10.0 HDFC Bank 10.0
Axis Bank 6.0 Axis Bank 6.0
HDFC Limited 9.0 HDFC Limited 9.0
Bajaj Finance 6.0 Bajaj Finance 6.0
State Bank of India 8.0 State Bank of India 8.0
Capital Goods 6.0 Capital Goods 6.0
Larsen & Toubro 6.0 Larsen & Toubro 6.0
Cement 4.0 Cement 4.0
UltraTech Cement 4.0 UltraTech Cement 4.0
FMCG/Consumer 19.0 FMCG/Consumer 19.0
ICICI Securities – Retail Equity Research
Dabur India 5.0 Dabur India 5.0
Marico 4.0 Marico 4.0
ITC 6.0 ITC 6.0
Nestle India 4.0 Nestle India 4.0
IT 12.0 IT 12.0
Tata Consultancy Services 6.0 Tata Consultancy Services 6.0
Tech Mahindra Limited 6.0 Tech Mahindra Limited 6.0
Metals 6.0 Metals 6.0
Hindustan Zinc 6.0 Hindustan Zinc 6.0
Oil and Gas 5.0 Oil and Gas 5.0
GAIL Ltd. 5.0 GAIL Ltd. 5.0
Pharma 5.0 Pharma 5.0
Divis Laboratories 5.0 Divis Laboratories 5.0
Total 100.0 Total 100.0
12Equity Model Portfolio – Midcap
Earlier Now
MOMENTUM PICK
Name of the company Weightage(%) Name of the company Weightage(%)
Auto 6.0 Auto 6.0
Bharat Forge 6.0 Bharat Forge 6.0
BFSI 14.0 BFSI 20.0
Bajaj Finserv 8.0 Bajaj Finserv 8.0
Indian Bank 6.0 Indian Bank 6.0
Capital Goods 12.0 Reliance Nippon Life Asset Management 6.0
AIA Engineering 6.0 Capital Goods 12.0
Kalpataru Power transmission 6.0 AIA Engineering 6.0
Cement 6.0 Kalpataru Power transmission 6.0
Ramco Cement 6.0 Cement 6.0
Consumer 24.0 Ramco Cement 6.0
Kansai Nerolac 6.0 Consumer 24.0
Pidilite Industries 6.0 Kansai Nerolac 6.0
ICICI Securities – Retail Equity Research
Tata Chemicals 6.0 Pidilite Industries 6.0
Bata India 6.0 Tata Chemicals 6.0
IT 6.0 Bata India 6.0
Firstsource Solutions 6.0 IT 6.0
Logistics 6.0 Firstsource Solutions 6.0
Container Corporation of India 6.0 Logistics 6.0
Pharma 8.0 Container Corporation of India 6.0
Syngene International 8.0 Pharma 8.0
Real Estate 12.0 Syngene International 8.0
Brigade Enterprises 6.0 Real Estate 6.0
Somany Ceramics 6.0 Brigade Enterprises 6.0
Textile 6.0 Oil & Gas 6.0
Arvind Fashions 6.0 Mahanagar Gas 6.0
Total 100.0 Total 100.0
13Equity Model Portfolio – Diversified (1/2)
Earlier Now
MOMENTUM PICK
Name of the company Weightage(%) Name of the company Weightage(%)
Auto 4.6 Auto 4.6
Bharat Forge 1.8 Bharat Forge 1.8
Mahindra & Mahindra (M&M) 2.8 Mahindra & Mahindra (M&M) 2.8
BFSI 31.5 BFSI 33.3
Axis Bank 4.2 Axis Bank 4.2
Bajaj Finance 4.2 Bajaj Finance 4.2
Bajaj Finserv 2.4 Bajaj Finserv 2.4
HDFC Bank 7.0 HDFC Bank 7.0
HDFC Limited 6.3 HDFC Limited 6.3
Indian Bank 1.8 Indian Bank 1.8
State Bank of India 5.6 State Bank of India 5.6
Power, Infrastructure & Cement 12.4 Rel i a nc e Ni p p o n L i fe A sset Ma na g ement 1.8
Larsen & Toubro 4.2 Power, Infrastructure & Cement 12.4
Larsen & Toubro 4.2
ICICI Securities – Retail Equity Research
AIA Engineering 1.8
Kalpataru Power transmission 1.8 AIA Engineering 1.8
Ramco Cement 1.8 Kalpataru Power transmission 1.8
UltraTech Cement 2.8 Ramco Cement 1.8
FMCG/Consumer 20.5 UltraTech Cement 2.8
Bata India 1.8 FMCG/Consumer 20.5
Dabur India 3.5 Bata India 1.8
ITC 4.2 Dabur India 3.5
Kansai Nerolac 1.8 ITC 4.2
Marico 2.8 Kansai Nerolac 1.8
Nestle India 2.8 Marico 2.8
Pidilite Industries 1.8 Nestle India 2.8
Tata Chemicals 1.8 Pidilite Industries 1.8
Tata Chemicals 1.8
# Indicative diversified portfolio has 70%
weightage to large cap and 30% to midcap
14Equity Model Portfolio – Diversified (2/2)
Earlier Now
MOMENTUM PICK
Name of the company Weightage(%) Name of the company Weightage(%)
IT 10.2 IT 10.2
Firstsource Solutions 1.8 Firstsource Solutions 1.8
Tech Mahindra Limited 4.2 Tech Mahindra Limited 4.2
Tata Consultancy Services 4.2 Tata Consultancy Services 4.2
Metals 4.2 Metals 4.2
Hindustan Zinc 4.2 Hindustan Zinc 4.2
Pharma 5.9 Pharma 5.9
Divis Laboratories 3.5 Divis Laboratories 3.5
Syngene International 2.4 Syngene International 2.4
Oil and Gas 3.5 Oil and Gas 5.3
GAIL Ltd. 3.5 GAIL Ltd. 3.5
Logistics 1.8 Mahanagar Gas 1.8
Container Corporation of India 1.8 Logistics 1.8
ICICI Securities – Retail Equity Research
Real Estate 3.6 Container Corporation of India 1.8
Brigade Enterprises 1.8 Real Estate 1.8
Somany Ceramics 1.8 Brigade Enterprises 1.8
Textile 1.8 Total 100.0
Arvind Fashion 1.8
Total 100.0
# Indicative diversified portfolio has 70%
weightage to large cap and 30% to midcap
15Equity Model Portfolio
Performance (return since inception)#
MOMENTUM PICK
All three portfolios continue to outperform their respective benchmark indices, indicating that our
picks have been more consistent and stable vis-à-vis their respective indices on an average.
200
150.4
112.2
95.9
100
%
63.0 58.3
48.0
ICICI Securities – Retail Equity Research
0
Large Cap Midcap Diversified
Portfolio Benchmark
As on March 31, 2020
# includes dividend yield
16SIP in Model Portfolio
Value as on March 31, 2020
MOMENTUM PICK
1,07,00,000
1,07,00,000
1,07,00,000
1,80,00,000
1,60,00,000
1,40,00,000
1,20,00,000
1,57,19,343
1,00,00,000
1,20,96,046
1,17,70,029
1,07,35,998
1,03,62,023
1,07,53,089
80,00,000
|
60,00,000
40,00,000
20,00,000
ICICI Securities – Retail Equity Research
0
Largecap Midcap Divesified
Investment Value of Investment in Portfolio Value if invested in Benchmark
SIPs in all three portfolios (large cap, midcap and diversified portfolio) continue to outperform
their SIPs in the respective index
Assuming | 1,00,000 invested as SIP at the end of every month
Start date of SIP is June 31, 2011
17Golden Stock Portfolio
Performance (return since inception)#
MOMENTUM PICK
Golden large cap portfolio continues to outperform its respective benchmark indices, indicating that
our picks have been more consistent and stable vis-à-vis their respective indices on an average.
Performance of Golden Large cap Portfolio
20.0
15.3
15.0
10.0
Performance of Golden Large Cap Portfolio
5.0
0.0
-5.0 Golden Large-Cap Nifty Nifty 100 Nifty 200
stock portfolio
-10.0
-15.0
-20.0
ICICI Securities – Retail Equity Research
-25.0 -20.8 -21.4
Returns (%) -23.0
Performance of Golden Mid Cap Portfolio
10.0
5.0 3.1
0.0
Golden Midcap stock Nifty Midcap 100 Nifty Midcap 50
-5.0
portfolio
-10.0
-15.0
-20.0
-25.0
As on March 31, 2020
-30.0
-27.9 -28.6
# includes dividend yield -35.0
-40.0
18SIP in Golden Stock Portfolio
Value as on March 31, 2020
MOMENTUM PICK
Performance of Golden Large Cap Portfolio
17,00,000
15,00,000
15,43,249
15,00,000
13,00,000
11,00,000
|
11,27,339
11,23,633
11,16,382
9,00,000
7,00,000
5,00,000
Investment Golden Large- NIFTY NIFTY 100 NIFTY 200
Cap stock
portfolio
ICICI Securities – Retail Equity Research
Performance of Golden Mid Cap Portfolio
6,90,000
5,90,000
6,00,000
5,59,006
4,90,000
3,90,000
|
4,12,810
4,10,004
2,90,000
1,90,000
90,000
Investment Golden Midcap NIFTY MIDCAP NIFTY MIDCAP 50
stock portfolio 100
SIPs in Golden Large Cap stock portfolio continue to outperform their SIPs in respective index
Assuming | 1,00,000 invested as SIP at the end of every month
Start date of Large cap SIP is January 1, 2019 and Midcap SIP is October 1, 2019
19Muhurat Picks
Recommended on October 17, 2019
MOMENTUM PICK
C om pany Reco P rice (|) Target P rice (|) Return (%) S tatus
Date of C los ing/P rofit Booking
S u p re m e In d u s trie s 1216 1420 16.8 O pen
K a n s a i N e ro la c 526 620 17.9 O pen
JK C e m e n t 1065 1260 18.3 T a rg e t Ach ie ve d 6th Jan, 2020
U n ite d B re we rie s 1326 1620 22.2 O pen
D a b u r In d ia 463 550 18.8 O pen
Axis B a n k 710 865 21.8 O pen
T e ch Ma h in d ra 725 850 17.2 O pen
ICICI Securities – Retail Equity Research
20Yearly Strategy picks – Fundamental
Recommended on December 30, 2019
MOMENTUM PICK
C o m p an y Re co Pr ice (|) T ar g e t Pr ice (|) Re tu r n (%) StatuDate
s of Clos ing/Profit Booking
Bharti A irtel 461 550 19.4 Target A chieved 6th February, 2020
IDFC First 45 54 20.1
K NR Construction 235 300 27.8 Target A chieved 16th January, 2020
L &T Infotech 1775 2025 14.1 Target A chieved 13th February, 2020
Mahanager G as 1055 1230 16.6 Target A chieved 28th January, 2020
Narayana Hrudayalaya 307 360 17.3 Target A chieved 17th January, 2020
PV R 1903 2200 15.6
Yearly Strategy performance of previous year (CY19)
ICICI Securities – Retail Equity Research
Company Reco Price (|) Target Price (|) Return (%) Date of Closing/Profit Booking
Status
Apollo Hospitals 1240 1440 16.1 Target Achieved 14th August 2019
Astral Poly Technik 1116 1250 12.0 Target Achieved 12th March, 2019
City Union Bank 185 225 16.8 Profits Booked at | 216 4th June, 2019
Grindwell Norton 542 625 10.0 Profits Booked at | 596 12th March, 2019
Jyothy Lab 201 240 -26.9 Closed at | 147 31st December, 2019
Ramco Cements 641 760 17.0 Profits Booked at | 750 12th March, 2019
Somany Ceramics 324 410 21.0 Profits Booked at | 392 12th March, 2019
21Yearly Technical picks
Technical Recommendations for CY20
MOMENTUM PICK
Rec. Date Stock Recommended Rec Price (|) Target (|) Stoploss (|) % Profit/Loss Comment
19-Dec-19 SBI Life 955.00 1180.00 820.00 -14.0 Stoploss Triggered
19-Dec-19 Godfrey philips 1250.00 1740.00 990.00 -12.0 Square off at 1091
19-Dec-19 PNC Infra 190.00 249.00 158.00 -17.0 Stoploss Triggered
19-Dec-19 Persistent 665.00 890.00 545.00 3.0 Squuare off at 685
19-Dec-19 SBIN 315.00 405.00 267.00 -6.0 Exit at 295
19-Dec-19 Hindalco 210.00 250.00 174.00 -17.0 Stoploss Triggered
19-Dec-19 RPG Life 312.00 410.00 258.00 -17.0 Stoploss Triggered
ICICI Securities – Retail Equity Research
Yearly Technical performance in CY19
• Recommendations: 7
• Profits booked : 5
• Strike Rate: 71%
• Average return on positive calls: 18%
22Yearly Quant picks
Yearly Quant Picks for 2020
MOMENTUM PICK
Stocks Recommended Buying Price (|) Target (|) Stoploss (|) Return Comment
Wipro 232-242 298 179 -22% Stoploss Triggered
IGL 395-410 510 343 24% Target Achieved
HDFC Ltd 2285-2335 2880 2015 -- Exit at Cost
Tata Global 312-324 410 271 26% Target Achieved
Divis Lab 1790-1830 2280 1560 25% Target Achieved
Yearly Quant Picks performance in CY20
ICICI Securities – Retail Equity Research
• Recommendations: 5
• Profits booked : 3
• Exit at Cost : 1
• Open: 0
• Strike Rate: 75%
• Average return on positive calls: 25%
2324
Research Performance – Medium Term Investing
ICICI Securities – Retail Equity Research MOMENTUM PICKGladiator Stocks
YTD Performance
MOMENTUM PICK
Recommendations: 104
Open: 3
Exit at cost: 6
Strike Rate: 69%
Average return on positive calls: 13.0%
Average return on negative calls: -9.0%
As on Date Performance
ICICI Securities – Retail Equity Research
Recommendations: 501
Open: 3
Exit at cost: 16
Strike Rate: 74%
Average return on positive calls: 17.0%
Average return on negative calls: -8.0%
2526
Research Performance – Short Term Trading
ICICI Securities – Retail Equity Research MOMENTUM PICKMomentum Pick (Positional Recommendations)
YTD Performance
MOMENTUM PICK
Recommendations : 154
Open: 0
Exit at cost: 17
Strike rate: 77%
Average return on positive calls: 8.0%
Average return on negative calls : -4.0%
ICICI Securities – Retail Equity Research
27Quant Picks
YTD Performance
MOMENTUM PICK
Number of Calls recommended: 60
Positive payoff: 34
Exit at cost: 4
Open : 0
Strike rate: 62%
Average return on positive calls: 12.5%
Average return on negative calls: -9.0%
ICICI Securities – Retail Equity Research
As on Date Performance
Recommendations: 466
Open: 0
Exit at cost: 21
Strike Rate: 75%
Average return on positive calls: 12%
Average return on negative calls: -7%
28Derivatives Strategies (Positional F&O recommendations)
March Performance (Stocks and Index combined)
MOMENTUM PICK
No. of Calls : 6
Profits Booked : 5
Exit in loss : 1
Exit at cost : 0
Open/Not Initiated : 0
Strike rate: 83%
Average profit per call: | 8200
As on Date Performance (Stocks and Index combined)
ICICI Securities – Retail Equity Research
No. of Calls : 492
Profits Booked : 351
Exit in loss : 125
Exit at cost : 0
Open/Not Initiated : 16
Strike rate: 73.8%
Average profit per call: | 5850
29Currency Derivatives
March Performance
MOMENTUM PICK
Recommendations: 24
Exit at cost : 0
Profits Booked : 19
Strike Rate: 79%
ICICI Securities – Retail Equity Research
YTD Performance
Recommendations: 370
Exit at cost : 30
Profit Booked : 244
Strike Rate: 72%
3031
Research Performance – Intra Day Trading
ICICI Securities – Retail Equity Research MOMENTUM PICKTrading Calls
March Performance
MOMENTUM PICK
Strike rate of 70%
Trading Margin/Derivative calls
Total Calls 353
Positive Payoff 247
Open 0
Strike rate 70%
ICICI Securities – Retail Equity Research
32MOMENTUM PICK
Pankaj Pandey Head – Research pankaj.pandey@icicisecurities.com
ICICI Securities – Retail Equity Research
ICICI Direct Research Desk,
ICICI Securities Limited,
1st Floor, Akruti Trade Centre,
Road No 7, MIDC,
Andheri (East)
Mumbai – 400 093
research@icicidirect.com
33Disclaimer
ANALYST CERTIFICATION
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I/We, Pankaj Pandey, Research Analysts, authors and the names subscribed to this report, hereby certify that all of the views expressed in this research report accurately reflect our views about the subject issuer(s) or securities. We also certify that no part of our compensation was, is, or will be directly or
indirectly related to the specific recommendation(s) or view(s) in this report. It is also confirmed that above mentioned Analysts of this report have not received any compensation from the companies mentioned in the report in the preceding twelve months and do not serve as an officer, director or employee of
the companies mentioned in the report.
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Recommendation in reports based on technical and derivative analysis centre on studying charts of a stock's price movement, outstanding positions, trading volume etc as opposed to focusing on a company's fundamentals and, as such, may not match with the recommendation in fundamental reports. Investors
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Our proprietary trading and investment businesses may make investment decisions that are inconsistent with the recommendations expressed herein.
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Institutional Research.
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ICICI Securities – Retail Equity Research
ICICI Securities might be acting in an advisory capacity to this company, or in certain other circumstances.
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with preparation of the research report. Accordingly, neither ICICI Securities nor Research Analysts and their relatives have any material conflict of interest at the time of publication of this report.
Compensation of our Research Analysts is not based on any specific merchant banking, investment banking or brokerage service transactions.
ICICI Securities or its subsidiaries collectively or Research Analysts or their relatives do not own 1% or more of the equity securities of the Company mentioned in the report as of the last day of the month preceding the publication of the research report.
Since associates of ICICI Securities are engaged in various financial service businesses, they might have financial interests or beneficial ownership in various companies including the subject company/companies mentioned in this report.
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such restriction.
34Thank You ICICI Securities – Retail Equity Research MOMENTUM PICK
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