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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]

TOWERING SUCCESS 

Equinox India Developments Ltd
BSE Code: 532832
CMP: ₹150.80 

Equinox India Developments specialises in real estate project advisory, infrastructure, and property development. Its premium residential project, Embassy Verde, has recently seen remarkable success, securing pre-sales bookings worth ₹619 crore and selling over 700 units, covering a saleable area of 0.7 million square feet since its pre-launch. This project is part of the NAM Estates portfolio, now under Equinox India following a merger. With the housing market on a strong upward trend, the company is poised to capitalise on this momentum, planning to launch more premium residential projects and further solidify its presence in the real estate sector. 

GROWTH IN MOTION 

SRF Ltd
BSE Code: 503806
CMP: ₹2,968.15 

Since 1970, SRF Ltd has manufactured and sold technical textiles, chemicals, packaging films, aluminium foils, and other polymers. The company recorded a rise in its consolidated attributable net profit to ₹271 crore in the Q3 FY25 ended December 31, 2024, against ₹253 crore a year ago. Earnings per share climbed to ₹9.15 compared with a year-ago figure of ₹8.55. Revenue from operations in fiscal Q3 also increased to ₹3,491 crore from ₹3,053 crore a year earlier, while the company reported a profit margin of 7.8 per cent in Q3 FY25. The company has maintained a healthy dividend payout of 17.4 per cent. SRF continues to weave innovation and growth, delivering more substantial profits and setting new benchmarks in FY25. 

FUTURE ON FAST-TRACK 

Cholamandalam Investment & Finance Co.
BSE Code: 511243
CMP: ₹1,390.85 

Cholamandalam Investment & Finance Company, a leading NBFC in India, offers vehicle finance, home loans, and loans against property. After its strong Q3FY25 results, brokerage firms are optimistic, with PAT rising 24 per cent YoY and Net Interest Income growing 33 per cent YoY. Other income surged 60 per cent YoY, driven by an upfront assignment transaction after 4-5 years. Opex increased 33 per cent YoY and is expected to remain elevated at 3 per cent for the next two years as the company invests in new businesses, technology, and branch expansion. The stock remains an attractive longterm investment with robust growth, strategic investments, and a solid financial outlook. 

REGULATORY GREEN LIGHT 

Manappuram Finance
BSE Code: 531213
CMP: ₹205.45 

Manappuram Finance, a leading Non-Banking Finance Company (NBFC), offers a diverse range of fund-based and fee-based services, including gold loans and money exchange facilities. The company's Board of Directors will meet and review the Unaudited Consolidated and Standalone Financial Results for the quarter and period ended December 31, 2024 (Q3FY25), and consider the declaration of an interim dividend. As of February 4, 2025, the stock is trading at a 4-month high of ₹205. This positive momentum follows the Reserve Bank of India's (RBI) recent decision to lift restrictions on Manappuram Finance's subsidiary, Asirvad Micro Finance. With financial results on the horizon and regulatory hurdles cleared, Manappuram Finance is poised to shine brighter. 

(Closing price as of February 04, 2025) 

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