Kerbside

ON GST HIGHWAY

GATI

On February 27, Goods and Services Tax (GST) will be implemented from July 1, as all states have agreed on the implementation date. The government plans to get the GST Council’s approval drafts at its March 4-5 meeting before the second half of the budget session of the Parliament begins on March 9. After much needed clarity on the GST implementation date, this stock has witnessed renewed interest among the HNI’s. Hence, this stock can be looked for short term gains. Gati may soon gain the much expected momentum bringing in gain for the investors.

GO MANALI

Manali Petrochemicals

BSE Code:500268 | CMP: Rs.40.60

Manali Petrochemicals is a chemicals company developing innovative products that find application in a variety of industries. The government is likely to impose anti-dumping duty of up to USD 135.40 per tonne on imports of a chemical used in foam making from Thailand. The move is aimed at protecting domestic players from cheap imports of ‘Flexible Slabstock Polypol’ from the South-East Asian Company. Therefore, the stock can be looked at for short-term trading gain.

REAL REALTY

DLF

BSE Code:532868 | CMP: Rs.154

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. As per market sources, reality major DLF is likely to come out with some positive announcement in the near term. Hence, high risk investors can bet on this stock for the short term.

AND FINALLY...

TPL Plastech

BSE Code:526582 | CMP: Rs.543

TPL Plastech since its inception in 1995, has grown steadily to become the second largest manufacturer of drums, especially Bulk Packaging i.e. 210 Ltr to 250 Ltr capacities. The portfolio consists of a comprehensive range of narrow mouth, wide mouth and open top drums ranging from 25 Ltr to 250 Ltr capacity. The price movement in this stock over the recent past has been very good; the stock price is expected to see further up-move in the near term. If the buzzes on Dalal Street are to be believed, TPL is expected to give a sound return soon. One can invest or stay invested in it.