Kerbside
Sanket Dewarkar / 10 Nov 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
Smart-gainer
KEI Industries: KEI Industries, known for its unique product range across the world is one of the leading players in the wires and cables industry. Its unique product range is known pan-India and across the globe. KEI has also been awarded the ‘Superbrand’ status for the year 2014-2015 further strengthening the consumer’s trust. The stock has seen spurt in the volume and as per whispers on d-street some HNIs are accumulating this stock. Buy and hold the stock for smart gains.
Up and above
Neuland Laboratories: Neuland Laboratories, pharma giant from Hyderabad, has registered strong growth in net profit of 67.6 per cent during the second quarter ended September 2016 to Rs 10.39 crore from Rs 6.20 crore in the similar period of last year. Its net sales increased by 16.4 per cent to Rs 144.43 crore from Rs 124.04 crore as it launched Brinzolamide in the US and Vorconazole in Europe. Along with this there is a major announcement that the board of directors have approved a draft scheme of amalgamation among the three entities. Hence, the stock has potential to witness upward movement in the coming trading session.
Kill the pain
Amrutanjan Healthcare: The stock has witnessed a correction from the higher level in the near term mainly due to negative sentiments in the market. However, the stock has been on a run-up and our sources suggests this is best time to accumulate the stock as market source suggest that there is still some steam left in the counter, hence might potentially be on uptrend.
And Finally
RBL Bank: The price movement in this counter over the recent past has been very good with large volume. The stock price is expected to see further up-move. Some HNIs and big market punters have taken long positions in the stock, and are expecting it to move in the northward direction. Therefore, the stock can looked at for short-term trading gain.
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