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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]

ON A STRONG TECHNICAL FOOTING 

Asahi India Glass
BSE Code: 515030
CMP: ₹789.95 

Asahi India Glass Ltd (AIS) is India’s leading value-added and integrated glass solutions company and a dominant player in the automotive and architectural glass segments. Recently, there has been a noticeable surge in trading volumes, signaling heightened interest from market participants. According to a reliable source from D-Street, the stock's current technical structure suggests promising potential. In fact, a technical analyst from a prominent brokerage is expected to release a buy recommendation, forecasting a significant upside in the near future. In Q2 FY25, the company’s top line increased by 3.41 per cent YoY, alongside a notable profit rise of 9.9 per cent YoY. The technical outlook presents a promising scenario for the stock of Asahi India Glass 

SPURT OF POSITIVITY 

Minda Corporation
BSE Code: 538962
CMP: ₹540.55 

Minda Corporation Ltd is one of the leading automotive component manufacturing companies in India with a pan-India presence and international footprint. It is the flagship company of Spark Minda, which was part of the erstwhile Minda Group. The stock price bounced back from the support of ₹470 to give a breakout of the double-bottom chart pattern. The price broke the neckline of the double bottom on December 12, 2024. The setup looks perfect for the bullish momentum as the volume buildup validates the breakout. According to experts, the stock is witnessing some HNI buying in anticipation of new developments in the organisation. This adds positivity to the stock price of the company. 

A SUSTAINABLE VENTURE 

Sarveshwar Foods
BSE Code: 543688
CMP: ₹10.54 

Sarveshwar Foods Ltd known for its premium basmati rice, is driving sustainable agriculture through its innovative soil mapping initiative. By issuing soil health cards to farmers across 1,000 acres, the company is going to provide tailored guidance to improve soil quality, boost productivity, and reduce input costs. Promoting organic farming under its NIMBARK brand, Sarveshwar also diversifies crops like turmeric and garlic, supporting farmers with cooperatives for better resources and pricing. Recently, the Basmati rice supplier secured an export order worth `49.8 crore from New York-based I SIFOL LLC. Under the contract, Sarveshwar Foods will supply 5,350 metric tons of Basmati rice to I SIFOL, which has a large network of retail stores, restaurants, and supermarkets. These developments suggest positive sentiments for the stock. 

OPTIMISTIC ON ORDERS 

Blue Cloud Softech Solutions
BSE Code: 539607
CMP: ₹130.25 

Blue Cloud Softech Solutions Ltd is in the business of computer software and data processing services. The company has bagged an order of USD 15 million to provide advanced MDM solutions for medical devices. Janaki Yarlagadda of Blue Cloud Softech Solutions expressed enthusiasm for securing the MDM order and OS development for medical devices. She highlighted that their BLUPORT platform aims to enhance biomedical device management, contributing to better patient outcomes. The stock price of the company is trading at a support. Looking at the recent order and Q2 FY25’s stable performance gives an optimistic view for the company. 

(Closing price as of December 10, 2024) 

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