Kerbside

SETCO AUTOMOTIVE: ON COURSE

SETCO | BSE CODE: 505075 | CMP: Rs 254.50

If you go by the movement of the counter, we can easily figure out there has been good accumulation in the stock in last one month. Setco’s market leadership in truck and bus clutches and a diversified clientele give good visibility to earnings growth over the next one-two years. The is strong buzz in the market that is likely to witness a good northward move in the near term, which has attracted some big market participants and high net worth individuals to take long positions in it.

SADBHAV ENGINEERING: INFRA GROWTH

SADBHAV | BSE CODE: 532710 | CMP: Rs 361

The stock is witnessing good buying interest for the last few trading sessions and is expected to show better price performance going ahead as per market buzz. Sadbhav Infrastructure, a subsidiary of Sadbhav Engineering, have received Sebi’s approval to raise funds worth Rs 600 crore and as per market sources its IPO will expect in short span of time. Recently company posted decent growth in toll collection in Q4FY15. Going forward, seeing double-digit traffic growth on some routes, one can look at the company to make some short term profits.

[PAGE BREAK]

ZEE MEDIA CORPORATION: REEL GAINS

ZEEMEDIA | BSE CODE: 532794 | CMP: Rs 22

Media stock have been in the limelight for the last couple of months and one stock that has really caught the attention of investors and traders alike is ZEE MEDIA. According to market sources the stock is likely to witness an further upward move from its current levels. Domestic fund houses and big market participation have entered the stock and expect some positive announcement from the company in the near future. One can look at the stock for a short term trading gains.

GIC HOUSING: BANKABLE BET

GICHSGFIN | BSE CODE: 511676 | CMP: Rs 251

The stock looks to be an ideal candidate if an investor wants to play in the housing finance for short-term gains. It has witnessed good volume in the past few trading sessions. It looks like some sort of accumulation is taking place and the stock may witnessed a good upward move in the near term. Investors with a decent risk appetite may create position in the stock to make some short – term gains.