KERBSIDE

Sanket Dewarkar / 16 Sep 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.

TORRENT POWER: POWERFUL GAINS

TORNTPOWER|BSE CODE: 532779 |Volume: 51,663

The stock has been witnessing good volumes in the past few trading secessions. The Market sources suggest that the stock prices are likely to soar higher in the short term on the back of positive announcement that is related to rescue package for the power transmission and distribution sector which is expected to be announced shortly. Therefore the stock can be looked at from a short-term trading perspective.

THOMAS COOK:POSITIVE BUZZ

THOMASCOOK|BSE CODE: 500413 |Volume: 5,944

The stock price seems to be bottomed out and it’s trading near six months low. In last few trading sessions volume has seen sudden spurt. For the quarter ending August 2015, FIIs have increased its stake in the stock from 9.11 per cent to 9.55 per cent. According to market sources the stock is likely to be in limelight in coming trading session on back of value buying. Traders with a decent risk appetite can create a position in the stock to make some quick trading gains.

GODREJ PROPERTIES:BUILDING PROFITS

GODREJ PROP|BSE CODE: 533150 |Volume: 58, 264

Rate sensitive stocks have been in the limelight as the inflation numbers have reached to lower levels. The recent macro-economic data suggests that in coming RBI Policy review, we could see a slash in rates which will definitely act as a booster for the Real estate stocks and based on above expectation the stock has been witnessing good accumulation in the last few trading session as one of the preferred counters for HNIs and Institutions.

ARCHIES:PROFITABLE GIFT

ARCHIES|BSE CODE: 532212 |Volume: 13,068

The stock prices of Archies have seen a sharp correction from higher levels and now trading at attractive levels. It is heard that many big HNIs and value investors are keeping a close watch on the company as it has a unique business model and as the festive season is round the corner which could trigger the stock prices to rise. Those with a short-term trading horizon can consider this stock.

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