Recommendation from Telecommunication - Equipment and Diamond & Jewellery Sector

The scrips in this column have been recommended with a 15-day investment horizon in mind and carry high risk. Therefore, investors are advised to take into account their risk appetite before investing, as fundamentals may or may not back the recommendations.[EasyDNNnews:PaidContentStart]

BLACK BOX LTD CMP - ₹566.40
BSE CODE 500463
Volume 58,820
Face Value ₹2
Target ₹612 - ₹623
Stoploss ₹527 (CLS)

Black Box is a leading global digital infrastructure integrator. It provides diverse services in network integration, digital connectivity, data centre development, modern workplace solutions, and cybersecurity across diverse industries such as - financial services, technology, healthcare, retail and public sectors like airports, manufacturing and more. For Q2FY25, the company reported a modest 5 per cent year-on-year decline in revenue, but net profit soared 66 per cent to ₹51 crore.

The company attributed the revenue dip to delays in project execution caused by hold-ups in decision-making. However, it emphasised that the pipeline remains strong, with an order book of USD 455 million. The management anticipates that increased capital expenditure and a favourable interest rate environment will stimulate investments in the digital infrastructure sector. Given the recent strong buying interest and the potential for further upside, we recommend BUY.

Motisons Jewellers Ltd
CMP - ₹30.90
BSE CODE 544053
Volume 15,69,778
Face Value ₹1
Target ₹33 - ₹34
Stoploss ₹28 (CLS)

Motisons Jewellers is a key player in the retail jewellery sector, specialising in gold, diamond, kundan, and other materials. It offers a wide range of jewellery, including pearl, silver, platinum, and precious stones. Founded in 1998 in Jaipur, Rajasthan, it now operates four showrooms under the ‘Motisons’ brand. The company sources finished jewellery from suppliers across India and also collaborates with artisans while maintaining its own manufacturing facilities for diamond and gemstone-studded jewellery in Jaipur. For Q2FY25, the company reported a strong 21 per cent year-on-year growth in revenue, with net profit doubling from ₹5 crore to ₹10 crore. Shares of the company went ex-split on November 8, in the ratio of 1:10. Goldrelated stocks have gained significant momentum in recent months, driven by steady demand for gold despite rising prices. With the ongoing wedding season and expected surge in demand, coupled with strong growth potential, we recommend BUY.

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