Kerbside

WHEELS OF PROFIT

Mahindra and Mahindra reported a decent Q4 results driven by strong performance across segments. Healthy industry growth outlook for FY18 led by normal monsoon expectation and government’s focus on rural economy, coupled with market share gains are key tractor growth drivers. In UV’s market shares has been under pressure due to intensifying competition and subdued volume performance of new launches. The company focus is on addressing product gaps and launch of refreshes which will have company to regain market share in UV’s segment. A good buy for short term.  

E-MAMI MOVE

According to market sources, it is heard that some big market participants and HNIs have taken long positions in the stock and are expecting it to move in the northward direction. The stock can be looked at from a short-term trading perspective. Buzz on the Dalal Street if believed, one can invest in Emami at this juncture to make profit from it. We find this stock at a lucrative level now.

Kolte Patil Developers is a leading real estate company with dominant presence in the Pune residential market. Recently, company declared its Q4FY17 results which were quite impressive. Company is evaluating expansion in Affordable Housing within existing portfolio. Strong pipeline of projects in Mumbai over 1msf will facilitate PAT and ROCE expansion and reduce working capital cycle for the company, while providing synergies to the existing Pune operations. Therefore, the stock can looked at for short-term trading gain.

AND FINALLY..

Phoenix Mills

BSE Code: 503100 CMP: Rs.431

According to equity market sources close to the development, it is heard that some big market participants and HNIs have taken long positions in the stock and are expecting it to move in the northward direction. If the rumours on Dalal Street in the commercial capital of the country are to be believed, investors can take a chance on this stock and make profit. Phoenix Mills is no doubt a profitable proposition at this juncture when markets are still carrying a positive node. The stock can be looked at from a short-term trading perspective.