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

Just ‘Take’ a Call

BSE CODE: 532890

CMP:

Take Solutions is a midsize technology firm focused mainly in niche business segment of life sciences. More than 50 per cent of the company’s revenue comes from its life science solutions. Higher experiments in clinical research over a decade have boosted the life sciences sector. The recent shift in demand from chemical compounds to biological drugs has increased the derived demand for biotechnology all over. Europe accounts for 60 per cent and 25 per cent of total IT exports from the country. Thereby many midsized technology firms are looking forward to mergers and acquisitions for higher US dollar revenues through both organic and inorganic routes.     

Packaged Deal

KRBL

High standard of living and growing population of the middle aged in India has increased demand for packaged foods to a great extent. Midcap company, KRBL deals in premium brands of Basmati rice mainly under the name ‘India Gate’ that has strong presence in India and abroad. India Gate is the recipient of World’s Greatest Brands and Leaders 2015 - Asia & GCC awards. Basmati prices have surged nearly 12 per cent last month which is a big relief to the trading companies in an otherwise falling demand internationally. However, KRBL India Gate brand has a strong distribution network and is likely to survive the odds. KRBL stock can see an upside of nearly 12 per cent above 220 levels in the near term.

Indocount in High Cotton

BSE Code: 521016

CMP:

Indo Count Industries is engaged in the manufacture and export of cotton yarn, grey knitted fabrics and cotton made ups. The company operates in two segments viz. textile and consumer durable. The share price of the company has increased by more than 17 per cent during the last one month. Indo Count Industries expects its margins to grow owing to its entry into high-margin fashion bedding. The company will grow its capacity to 90 million meters per annum by end of CY16. Its debt in a stable position. Indo Count Industries share price will remain in limelight for short term.

Cap ‘IT’ Off

KPI Technologies

BSE Code: 532400

CMP:

KPIT Technologies is in the business of providing software and information technology (IT) enabled services globally. The principal businesses of the company are computer programming, consultancy and related activities. Its quarterly results are on April 26. After large caps IT companies Q4FY16 results, the mid cap IT Company, KPIT Technologies result will be focused. The share price remained flat from last one-month time period. The company’s shareholding pattern indicates that FII holdings expanded by 549 basis points to 22.39 per cent and DII holdings contracted by 395 basis points to 29.22 per cent during March 2016 quarter. There will be traction in the stock from a short term perspective.