SMC Global Securities Ltd. Share Price

trendline breakout followed by consolidation and retest

A trendline breakout followed by consolidation and retest is considered a strong technical setup because it helps confirm whether the breakout is genuine or a false move. When price decisively breaks above a major trendline resistance, it often moves into a short period of consolidation, where price trades within a narrow range as buyers and sellers balance their positions. This consolidation after the breakout indicates that the market is accepting the new higher price levels. The next important stage is the retest, where price comes back toward the previously broken trendline or breakout zone. If the old resistance successfully acts as new support and price shows bullish rejection or buying interest from that area, it strengthens the breakout confirmation and increases the possibility of a further upward move. However, if price breaks back below the trendline and fails to hold the retest zone, the breakout may be considered failed, signalling weakness and a possible move toward lower support levels.

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SMC GLOBAL SECURITIES: ACQUIRES 14.27% STAKE IN S. K. OFFSET

SMC GLOBAL SECURITIES: ACQUIRES 14.27% STAKE IN S. K. OFFSET

• SMC Global Securities Limited has acquired 11,05,000 equity shares of S. K. Offset Limited, representing 14.27% of its total equity share capital. • The acquisition comprises 1,20,000 shares allotted in the IPO and 9,85,000 shares purchased from the open market. • Additionally, SMC Global Securities’ wholly owned subsidiary, Moneywise Financial Services Private Limited, acquired 9,61,000 equity shares. • The combined holding of SMC Global Securities and its Persons Acting in Concert (PACs) now stands at 20,66,000 shares, representing 26.68% of the target company. • The acquisition was completed through shares allotted on September 29, 2026, and open-market purchases on September 30, 2026. Impact: Positive — The acquisition increases SMC Global Securities’ aggregate stake in S. K. Offset and strengthens its strategic involvement in the company.

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SMC Global Securities Approves ₹150 Crore NCD Issue

has approved the prospectus for its public issue of secured, rated, listed and redeemable Non-Convertible Debentures (NCDs), with a total issue size of up to ₹150 crore, including a green shoe option. The approval was granted by the company's Non-Convertible Debenture Committee on September 28, 2026. The issue comprises a base issue size of ₹75 crore, with an option to retain oversubscription of an additional ₹75 crore under the green shoe option. Each NCD carries a face value of ₹1,000, taking the maximum proposed issuance to 15 lakh NCDs. The proposed NCDs have received an ICRA A (Stable) credit rating for an amount of up to ₹512.79 crore. The securities are proposed to be listed on BSE, which has already granted in-principle approval for the issue. The principal and interest obligations will be secured through a pari-passu charge over the company's trade receivables and Margin Trading Facility (MTF), subject to existing secured charges. The company will maintain a minimum security cover of 110% of the outstanding principal and interest obligations until the final settlement date. The company has stated that the NCD tenure, coupon rates, redemption amount and payment schedule will be governed by the prospectus dated September 28, 2026. Investors may track the issue opening date, subscription response and utilisation of funds for further developments. Disclosure: I do not hold any position or financial interest in the mentioned stock.

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WATCH OUT FOR CORPORATE ACTIONS

Watch out for the Corporate actions on 27-Jul-2026 for the below mentioned stocks: - The stocks of Tata Chemicals, Canara Bank, Bharat Electronics (BEL), CCL Products, Capri Global,SMC Global Securities, Wheels India. will be in focus as they will announce quarterly financial results. The stocks of Persistent Systems, CRISIL, DLF, Deepak Nitrite:, Amara Raja Energy, Universal Cables:, Wipro Ltd, Birla Cable, Everest Industries, will trade Ex-Dividend tommorrow the 27-Jul-2026.

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SMC GLOBAL

DHARMESH BHATT (SEBI Regi. Research Analyst - (INH000009685)

NET PROFIT AFTER TAX RISE TO JUNE 2026 TO 3673.55 FROM MAR 2026 2146.42 ON Q O Q BASIS

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Exide Industries Ltd. shares rallied 7%

Exide Industries Ltd. shares rallied 7% to ₹415.85 today, nearing their 52‑week high of ₹430.85, after strong volumes and optimism around its lithium‑ion battery expansion. Analysts maintain a “Buy” rating with targets up to ₹560, citing robust automotive and industrial demand and progress on its 6 GWh Li‑ion cell plant in Bengaluru. ⚡ Key Business Highlights Stock Performance: Up 7% to ₹415.85 on BSE; volume tripled to 8.8 million shares. 🔋 Operational & Strategic Updates Segment Latest Development Impact Lead‑acid batteries Core business growing double digits across automotive OEMs, replacement, solar, UPS, railways. Sustains cash flow and earnings growth. Lithium‑ion batteries 1st phase (6 GWh) of Bengaluru cell plant nearing commercialization; 12 GWh planned under Exide Energy Solutions. Positions Exide as India’s EV battery leader. Industrial portfolio Expanding into data centres, solar projects, railways, traction power. Diversifies revenue base. Submarine battery division Specialized growth segment with healthy order visibility. Strengthens defence portfolio. 📊 Financial Snapshot (FY 2025‑26) Revenue: ₹17,269 crore (+9.4% YoY) EBITDA Margin: 11.7% PAT: ₹1,111 crore ROCE: 28.8% Dividend: ₹2 per share (final)  🧠 Analyst & Market Sentiment ICICI Securities: “Buy” rating reaffirmed; expects steady growth from automotive replacement and OEM segments. SMC Global Research: Calls Exide a “tactical buy” amid softening metal prices that ease margin pressure . Teji Mandi: Recommends buy with target ₹430 after technical breakout . ⚠️ Risks & Considerations Commodity Costs: Sulfur and lead price volatility may impact margins. Execution Risk: Timely commissioning of Li‑ion plant critical for valuation re‑rating. Competition: Amara Raja and new EV battery entrants could pressure market share. 📅 Upcoming Events Board Meeting: 30 July 2026 to approve Q1 FY 26‑27 results. AGM: 10 July 2026 (virtual mode). Record Date for Dividend: 3 July 2026

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