Kerbside

The stock has witnessed better movement with good volumes in the last few trading sessions. It is heard that many big ticket investors and market participants are keeping a close watch on the company and are slowly building their positions in the stock. Those with a short-term trading horizon can consider this stock.



Federal Bank is a major Indian commercial bank in the private sector. Federal Bank and digital payment service provider Oxigen have joined hands to allow over 3 lakh retail outlets of the latter to remit cash collected from customers to the bank through its e-collection platform. As per our sources, a cartel of HNIs has been tracking the stock closely and at the same time has created long positions on the stock.

Power Finance Corporation is an Indian financial institution. Established in 1986, it is the financial backbone of the Indian power sector. The price movement in the stock in the recent past has been very good with large volumes. The stock price is expected to see further upmove. Some HNIs and big market punters have taken long positions in the stock and are expecting the stock price to move in the northward direction.



A reputed producer of fibre cement sheets, Ramco Industries posted excellent Q2 FY16 results, with net profit of Rs.10.85 crore, as compared to net loss of Rs.1.04 crore in the same quarter last fiscal. For the H1FY17, the company posted profit of Rs.41 crore as compared to profit of Rs.6 crore in the same period last year. This stock is an excellent buy in this correction and a strong upmove is likely in the stock in the short term.