KERBSIDE

Sanket Dewarkar / 17 Mar 2016

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

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

FIEM INDUSTRIES:

FIEMIND|BSE CODE: 532768 |Volume: 29,902

FIEM is one of the leading manufacturers of automotive lighting, signalling equipments and rear view mirrors in India. FIEM is among the few first companies to introduce LED lights in two wheelers in India. FIEM major business comes from the two-wheeler segment and company supplies its product to almost every two wheeler OEM in India. As per our sources, this stock has seen renewed interest among the HNIs. One can look at the stock for some short term trading gains.

EID PARRY:

EIDPARRY|BSE CODE: 500125 |Volume: 176,865

The stocks of sugar companies have been in limelight for the past couple of weeks and many of the stocks from the sugar pack have outperformed the market in a big way. The up-move in the stock prices of sugar companies is backed by surge in the sugar prices in the international market. EID Parry is the stock to watch out in the sugar pack, the price movement in the stock has been good and the stock is likely to move further up as volumes are increases day by day. Therefore, the stock can be looked at for short-term trading gains.  

WELSPUN INDIA:

WELSPUNIND|BSE CODE: 514162 |Volume: 13,748

Welspun is Asia’s largest and the 2nd largest terry towel producers in the world. With a network across 32 countries, the company offers the entire range of home textile products to consumer. The company has marquee clients like Wal-Mart, J C Penney and Macy’s to name a few. Recently, the stock had seen a ferocious up-move in the prices along with rise in the volumes and as per the market sources the stock prices will continue their upward journey. So traders with high risk appetite can enter in to this stock for some gains.

HERITAGE FOOD:

HERITGFOOD|BSE CODE: 519552|Volume: 1,461

Stock has made its 52 week high in the month of January, since than the stock has been moving sideways. As per our market sources they suggest that the price of the stock has stabilized and is ready for the fresh leg of up-move. The stock can witness appreciation in the prices in the coming trading sessions. Hence, this stock can be added as a trading position for quick gains.

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