✅ With orders of heavy weight torpedoes worth Rs.1200 crore, Bharat Dynamics is on its way to become a major defence equipment supplier. Buy for the long term.
✅ Dewan Housing Finance Corporation has paid Rs.962 crore interest towards non-convertible debentures within a week of default. Good times may not be far off. Buy selectively.
❎ There is no information available on why Kridhan Infra is falling like ninepins. Stay away from this counter.
✅ The Supreme Court has junked allegations of IndiaBulls Housing Finance being involved in siphoning off Rs.98000 crore. A good opportunity to buy.
✅ The recent tsunami in the stock market could not dent the share price of Suven Life Sciences, which indicates its inherent strength. With some approvals in the pipeline, its future looks bright. Buy.
✅ While most NBFC stocks have turned jittery, L&T Finance Holdings is firm. Buy at this beaten down level for good returns in two years.
✅ Last opportunity to accumulate Graphite India, which reported excellent results. The stock goes ex-dividend (Rs.35/share) this week. Buy immediately.
✅ Volumes at the Parag Milk Foods counter are rising each day. Some good news may be in the offing. Its latest results were also good. Buy.
✅ Varun Beverages plans to declare a bonus issue. Accumulate.
✅ Although Maruti Suzuki (India) cut its output by 18% last month, it remains a market leader. A correction in its share price may trigger selective buying. Keep an eye on this share.
❎ Another de-rating of Yes Bank is possible. It is advisable to sell now and buy again later.
✅ Ultratech Cement has received environmental clearance for its Rs.2500 crore project in Andhra
Pradesh. A positive for the company. Buy.
✅ Bajaj Auto’s Executive Director, Rakesh Sharma, is optimistic about the strategic alliance between KTM and its high power E-bikes. Buy for the long term.
✅ Navin Fluorine International’s Q4 results were below expectations due to input cost pressures. However, the opportunities ahead remain lucrative. Accumulate in small quantities.
✅ Biocon now quotes ex-bonus. With quite a few profitable products in the pipeline, its future looks bright. Buy.
✅ The promoters of Sterlite Technologies removed their entire pledge on the company’s shares. This positive news could boost its share price. Buy.
✅ Titagarh Wagons plans to sell 4.5% stake in its arm Cimmco to pave way for the proposed scheme of amalgamation. A correction in its share price may be a boon in disguise. Accumulate on dips.
✅ KEC International expects 15-20% revenue growth this year. Moreover, the promoters have been increasing their stake in the company, which is a positive sign.
✅ Natco Pharma is likely to announce new launches in the US markets. The stock is available at a 40% discount to its 5- year average trading range. Buy.
✅ Hospitality major Royal Orchid plans to add about 500 rooms in the next 2-3 years. Buy for the long term.
✅ Going by its FY19 EPS of Rs.35, Saksoft is likely to notch an EPS of Rs.45+ for FY20. The stock is poised to cross Rs.450 going forward.
✅ Based on its current performance, Shreyans Industries is expected to notch an EPS of Rs.38+ for FY20. Buy for about 30% returns in the short-to-medium term.
✅ Mawana Sugars, which posted an EPS of Rs.11 for FY19, is on a debt reduction drive. It may notch an EPS of Rs.14+ for FY20. The stock is poised to touch Rs.75.
✅ Vindhya Telelinks posted a consolidated EPS of Rs.232 for FY19 on its small equity of Rs.11.8 crore. Its share book value is Rs.2020. The stock has the potential to cross Rs.2800 on a reasonable P/E of 12x.
✅ Going by its FY19 EPS of Rs.16, Trigyn Technologies is likely to notch an EPS of Rs.20 for FY20. A good stock to accumulate for the medium-to-long term.
✅ Accumulate Him Teknoforge for good returns. The stock has fallen in spite of reasonable valuations and solid fundamentals.
✅ Pitti Engineering completed its expansion programme last year. Its EPS is likely to rise to Rs.10.5 in FY20 once the full effects of expansion become visible. Buy for over 40% returns in the medium term.
✅ Meghmani Organics is expected to notch an EPS of Rs.12 for FY20 post expansion. Analysts expect the stock to cross Rs.90-100 in the medium term.
✅ An Ahmedabad-based analyst recommends BCL Industries, Magna Electro Castings, Mindteck India, Super Crop Safe and Vippy Spinpro.
