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The recommendations provided in this column are taken from various market sources such as brokers, analysts, dealers and investment strategists, etc. These recommendations may not be backed by strong fundamentals. Therefore we advise readers to use their own discretion before investing in these recommendation [EasyDNNnews:PaidContentStart]

YOUR PORTFOLIO TRANSFORMER

Shilchar Technologies
BSE Code: 531201
CMP: ₹7035.60

Shilchar Technologies, a Vadodara-based transformer manufacturer, is gaining traction. Known for its diverse range of transformers across power, distribution, and electronics, the company caters to both domestic and international markets, including Africa, the USA, Canada, and the Middle East. With an order book swelling due to increased demand from enduser industries, Shilchar’s repeat customer base and growing new clientele suggest solid revenue visibility. Its focus on niche segments like renewable energy offers better profitability. The company’s order execution cycle ranges from 3 to 9 months, adding further confidence. A little birdy from Vadodara hints at a big announcement in the pipeline, which could push the stock further. Although the stock has already rallied, it seems this could still be a timely buy. Better late than never! Keep an eye on this one.

POISED FOR A RALLY

Rhetan TMT Ltd
BSE Code: 543590
CMP: ₹18.00

Rhetan TMT, a major player in the structured steel products sector, is showing impressive momentum. The company’s Profit After Tax (PAT) for the latest quarter hit a five-quarter high, and its FY24 Operating Cash Flow reached ₹14.51 crore, which is the highest in three years —indicating strong cash generation from operations. The company is exploring strategic acquisitions, having already initiated non-committal agreements with targeted companies. This calculated expansion strategy aligns with Rhetan TMT's long-term vision. With robust financials and a clear growth roadmap, Rhetan TMT appears poised for a significant upside. Don’t wait too long to jump on board!

ON THE FAST TRACK

MIC Electronics
BSE Code: 532850
CMP: ₹94.11

MIC Electronics, a key player in India’s railway signalling systems and LED display markets, is riding the wave of infrastructure development and digitalisation. With growing demand for energy-efficient solutions like LED displays and EV chargers, the company has strategically positioned itself to capitalize on these trends. A recent ₹1.21 crore order is said to be just the beginning. Given the vast Indian Railways network, with over 8,000 stations and increasing passenger traffic, the demand for efficient passenger information systems is set to soar. Sources suggest that more orders are likely to follow in the near to medium term. Given its strong industry foothold and growing order pipeline, MIC Electronics is positioned for impressive gains. A perfect moment to secure your spot before the momentum builds!

BEAT THE HEAT

Voltas Limited
BSE Code: 500575
CMP: ₹1,813.75

Voltas Limited, part of the renowned Tata Group, operates in three key segments: UPBG, EMPS, and EPBG. The UPBG segment covers air conditioners, air coolers, water coolers, and commercial refrigeration products. The EMPS segment focuses on engineering solutions for MEP projects, HVAC applications, water management, electrification, and solar projects, both domestically and internationally. Meanwhile, the EPBG segment deals in mining and construction equipment, textile machinery, and after-sales services. A well-known chartist from a leading brokerage firm has recommended accumulating this stock to HNIs, citing that Voltas is poised for its next upward move. Keep an eye on this one - it could be primed for growth!

(Closing price as of October 15, 2024)

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