Kerbside
Ashwin Bura / 30 Apr 2015
The recommendations provided in this column are taken from different market sources such as brokers, analysts, dealers and investment strategists, etc. These recommendations may not be backed by strong fundamentals. Dalal Street Investment Journal may or may not subscribe to these recommendations.
VARDHMAN ACRYLICS: WEAVING PROFIT
VARDHMAN ACRYLICS | NSE CODE: VARDHACRLC | CMP: Rs 23.40
The stock has been bottoming out with sudden spikes in volumes in the counter in the last three trading sessions. Market sources suggest that some large market participants are accumulating the stock. The counter is expected to show better price performance going ahead as per market buzz. The stock can be looked at from a short-term trading perspective.
CONTROL PRINT: MINT PROFIT
CONTROLPR | BSE CODE: 522295 | CMP: Rs 197
The stock has been trading with a negative bias for the last couple of days. The stock now available at more reasonable valuation caught the eye of various investors and they started to increase their stake in this counter. As far as the market sources suggest, the prices of the company are likely to rebound in the coming week. Therefore, the stock can be an ideal candidate for making short-term trading gains.
HBL POWER SYSTEM: RISING POWER
HBLPOWER | BSE CODE: 517271 | CMP: Rs 49.75
If we go by the movement of the counter, we can easily fi gure out that the stock has been bottomed-out and is stable at CMP. There has been good accumulation in the stock for the past one week and that is quite evident with the volumes in the counter. Our sources suggest that some big institutions are taking a keen interest in the stock. The stock is likely to witness as upward move in the short term.
JBF INDUSTRIES: STRENGTHENING PROFITS
JBFIND | BSE CODE: 514034 | CMP: Rs 222
The stock is witnessing a good buying interest for the last few sessions and its price is expected to perform better going ahead if street talks are to be believed. According to the market source, some big market participants and domestic fund houses have taken long positions in the stock and are expecting the stock move in the northward direction. Also in the last three quarters the FIIs have substantially increased their stake, which is also a positive trigger. The stock can be looked at from a short-term trading perspective.
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