KERBSIDE

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

WAH TAJ

INDIAN HOTELS:

INDHOTELS|BSE CODE: 500850 |Volume: 40,143

Indian Hotels controlled by the Tata Group owns and operates the Taj Hotels and Resorts and Palaces. The stock has witnessed correction from higher levels mainly due to profit taking at higher levels. Reliance Mutual Fund had hiked its stake in the company in the month of December, 2015 to 8 per cent from 5.45 per cent earlier. As per our sources the stock is attractively valued at its current market price and some positive development is expected in the stock. Hence, investors with high risk appetite can enter this stock for quick gains.

DCM SHRIRAM:

DCMSHRIRAM|BSE CODE: 523367 |Volume: 3,455

DCM SHRIRAM is engaged into sugar, fertiliser, bio-seeds and chloro-vinyl products. The company reported more than two-fold jump in its consolidated net profit at Rs 60.48 crore for the quarter ended December 31, 2015 on the back of higher sales and reduction in interest outgo as company has reduced significant debt. Big Investors and HNIs are keeping close watch on this stock as the policy frame work for sugar business moving in the right direction and attention of the union budget was on agriculture and so this stock is likely to continue on its growth trajectory. Hence, traders and investors can enter the stock to make short term gains.

SUBROS:

SUBROS|BSE CODE: 517168 |Volume: 27,532

Subros is a major supplier of air conditioning kits to carmakers. Maruti Suzuki, India’s largest car maker is the biggest client of the company, contributing about 80 per cent of the total sale of Subros. The four wheeler maker Maruti has guided for double digit growth for the current fiscal. Subros is in the process of developing kits for Maruti’s diesel variants as well, which should increase the current kit volume of 84,000 units per month by 10,000-15,000 units. So traders with high risk appetite can enter in to this stock for some gains. It has been heard that the stock price is likely to witness northward movement in the coming days. Therefore, the stock can be looked at from a short-term perspective.

OMKAR SPECIALITY CHEMICALS:

OMKARCHEM|BSE CODE: 533317|Volume: 19,323

The company is engaged in the manufacture and sale of speciality chemicals and intermediates for chemical and allied industries. The stock has been moving and witnessed a range bound movement. However, at present a lot of activities have been witnessed as there has been renewed interest among the HNIs and investors for this stock as the board of directors of the company has approved scheme of arrangement between Lasa Laboratory, Urdhwa chemicals, Rishichem Research, Desh Chemicals and Lasa Super generics.  The stock is likely to move in northward direction.