Kerbside

Sayali Shirke / 20 Feb 2025/ Categories: DSIJ_Magazine_Web, DSIJMagazine_App, Informed Intelligence, Kerbside, Regular Columns

Kerbside

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 

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]

KOTAK HITS HIGHS 

Kotak Mahindra Bank
BSE Code: 500247
CMP: ₹1,964.00 


Kotak Mahindra Bank is a diversified financial services group providing a wide range of banking and financial services. In Q3FY25, the bank reported a 10 per cent rise in net profit to ₹3,305 crore from ₹3,005 crore last year. Interest earned increased by 14 per cent to ₹13,427.58 crore from ₹11,799 crore year-on-year. The stock price of the Kotak Mahindra Bank is trading near a 52-week high, showing positivity. The Reserve Bank of India (RBI) recently lifted restrictions on the bank’s digital onboarding of new customers and issuing fresh credit cards. Some brokerage houses have taken a bullish stance on the stock price. This development and positive brokerage sentiments suggest strong momentum for the stock. 

GREEN GOALS AHEAD 

NLC India Ltd
BSE Code: 513683
CMP:
226.80 

NLC India is engaged in the mining of lignite and the generation of power using lignite and renewable energy sources. The stock price has witnessed strong buying since the last few trading sessions. The stock price has bounced from its 52-week low and horizontal support of ₹195, indicating a revival of bullishness in the stock price. In January 2025, NLC India’s wholly-owned subsidiary, NLC India Renewables (NIRL), signed a joint venture agreement with Assam Power Distribution to develop 1,000 megawatts of green energy projects in Assam, India. This development is expected to strengthen NLC India’s presence in the renewable energy sector and drive future growth. 

BREAKOUT BUZZ 

Sundaram Finance Ltd
BSE Code: 590071
CMP:
4,700 

Sundaram Finance is a registered deposit-taking NBFC established in 1954. The company is engaged in retail finance across multiple domains, such as vehicle finance, home finance, mutual funds, general insurance, and financial service distribution. The stock price of the finance institution is trading in a tight range of ₹4,300 to ₹4,750 since January 2025. There is a possibility that the stock price may show some momentum above its trading range. Only Nippon India Mutual Fund had Sundaram Finance in its portfolio as of January 2024. Nippon India Small Cap Fund had around 88.48 lakh shares with a market value of `255.56 crore. Investors may monitor the stock for a potential breakout above the current range, considering the significant holding by Nippon India Small Cap Fund. 

HEALTHCARE SYNERGY 

Sagility India Ltd
BSE Code: 544282
CMP:
46.69 

Sagility India Limited (formerly Berkmeer India Pvt. Ltd) provides technology-driven healthcare solutions to U.S. clients in the payer and provider segments. The company acquired BroadPath Healthcare Solutions, which is expected to add USD 70 million in revenue and enhance member acquisition in Medicare and Medicaid. This acquisition diversifies Sagility’s client base, adding over 30 mid-market clients and increasing its presence among the top 10 payers. Integrating BroadPath’s platform, Bhive will improve operational efficiency and employee engagement, positioning Sagility for sustained growth in the U.S. healthcare market.

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