Kerbside

LIGHTENING AHEAD

V-Guard Industries 

BSE Code: 532953 CMP: Rs.169.70

V-Guard Industries is one of leading player in Electrical consumer durables space. Its major product segment includes Stabilizers, cables & wires, UPS, pumps and Electrical appliances. H1FY17 PAT growth was robust at 70 per cent YoY. EBITDA margin expanded by 240bps led by soft RM prices. This stock is worth accumulating at current levels as GST & demonetisation reforms in the long term will support the organised players V-guard in gaining market share, as the economy shift from informal to formal.

TRUST REITS

HDIL

Recently, the market regulator Securities and Exchanges Board of India (SEBI) permitted mutual funds to invest their money in Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs); this has sparked a rally in real-estate stocks. According to market sources, HDIL is likely to witness a further upward move from current levels.

MINING THE CORE

BSE Code: 506022  CMP: Rs.64.25

Prakash Industries grabbed a mining lease from the state government of Odisha, which executed and registered a mining lease of iron ore and manganese ore in favour of the company in Keonjhar district of state for 50 years. Based on the above news the stock has witness surge in prices along with good volumes in the last few trading sessions. It expected that the stock is likely to witness further upward move, so investors can take a trading bet in this stock.

AND FINALLY..

The stock has huge activity in the last couple of trading session; there has been spurt in the price along with huge volumes. According to market sources, it is heard that some big punter and HNIs have taken long positions in the stock and are expecting it to move in the northward direction. Hence, traders with high risk appetite may buy for exceptional returns.