Kerbside

Arvind Manor / 24 Dec 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

HEALING THE MARGINS  [EasyDNNnews:PaidContentStart]



Akums Drugs & Pharmaceuticals

BSE Code: 544222
CMP: ₹443.70 

Akums Drugs & Pharmaceuticals operates quietly but decisively at the core of India’s CDMO ecosystem. With a presence spanning pharmaceuticals, nutraceuticals, Ayurveda, herbal products and coSMEtics. The recent margin pressure is no secret. Q2FY26 saw a dip as API prices continued to trend lower, dragging profitability. However, the corrective phase appears to be progressing. The company is reshaping its API business continued focus towards higher gross-margin products and rolling out cost-optimisation initiatives, signalling that the worst may already be in the rear-view mirror. What lends depth to the story is its overseas foray. Akums’ partnership with the Government of Zambia, with production slated for CY28, could be a long-term growth lever. With plans to supply medicines worth USD 50 million and Zambia’s pharma market projected to cross USD 300 million by 2030, this is a measured, strategic expansion rather than a leap of faith. 
 

BUILDING BLOCKS OF GROWTH 

NMDC

BSE Code: 526371
CMP: ₹78.48 

NMDC stands tall as India’s largest iron ore producer and a Navratna PSU. Current production of around 45 million tonnes per annum is only the starting point. With expansion plans in place, capacity is expected to more than double to 100 MTPA by FY30, strengthening NMDC’s role in India’s infrastructure and manufacturing push. Technical analysts from a leading brokerage are flagging a secular uptrend, with charts pointing towards triple-digit targets. Add NMDC’s attractive dividend yield to the mix, and the stock offers a blend of growth visibility and income comfort.
 

QUIETLY GAINING SPEED 

Force Motors

BSE Code: 500033
CMP: ₹18,351.35 

Force Motors operates as a fully integrated automobile manufacturer, with capabilities stretching from engineering and development to the production of vehicles, aggregates and components. Its portfolio is deliberately niche-led, spanning light commercial vehicles, multi-utility vehicles and super-speciality offerings designed for institutions, industries and diverse geographies. November 2025 numbers underline the traction. Domestic wholesale volumes rose 59 per cent YoY driven largely by the Urbania and Trax platforms, which now form a bigger share of overall sales. The Trax range, in particular, has gained from recent GST adjustments on rural mobility vehicles. Market chatter suggests momentum remains intact, with volumes expected to stay buoyant in the coming months as these segments continue to fire. 
 

GAME, SET, MOMENTUM 


Nazara Technologies

BSE Code: 543280
CMP: ₹227.40 

With pickleball rapidly gaining popularity and corporate interest building around the sport, Nazara’s early association with the league places it neatly within a fast-emerging, highgrowth sports ecosystem. It’s a strategic brand fit that taps into a younger, engaged audience without stretching the balance sheet.On the market side, the stock is sitting at an interesting juncture. From a technical lens, prices are hovering near a well-defined horizontal support zone—often a base for a short-term turnaround. If this level holds, a bounce cannot be ruled out, with momentum likely to pick up in the near term. One to keep on the radar. 

(Closing price as of December 22, 2025)

[EasyDNNnews:PaidContentEnd] [EasyDNNnews:UnPaidContentStart]

[EasyDNNnews:UnPaidContentEnd]