Kerbside

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

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NEW PRODUCT LAUNCHES

Prabhat Diary
BSE Code: 539351
CMP: RS.146.75 

Prabhat Diary plans to increase its annual turnover to Rs 2,000 crore in the next two years from Rs 1,400 crore logged in the last fiscal by launching its product across India and introducing new value-added products such as cheese, Panner, Shrikhand, curd, ice-cream, flavoured and ultra heattreated milk. Additionally, the company has been working with farmers to bring down their cost by promoting use of maize silage as cattle feed. Watch out for some action in this stock.



COMMERCIAL PRODUCTION
DCW
BSE Code: 500117
CMP: RS.43.65 

DCW is an India-based chemical company engaged in the manufacture of caustic soda, soda ash and polyvinyl chloride (PVC) resin. Recently, the company started commercial production of Chlorinated Poly Vinyl Chloride (CPVC) at its factory situated in Tamil Nadu. As per our sources, the company's stock price is likely to surge higher from hereon as some big HNIs have been accumulating this stock. Hence, for high risk traders, this stock could be a good bet for the short term.

BAGS PROJECT

Jain Irrigation
BSE Code: 500219
CMP: RS.95.10 

As per whispers on the D-Street, this stock could be the stock to watch out for in the near term after it bagged the Bhusawal water supply project worth Rs 84.5 crore from Bhusawal Municipal Council through national competitive bidding. This project is one more milestone in the company's progress to be a complete player in the entire water infrastructure space.






AND FINALLY..

Tata Chemicals
BSE Code: 500770
CMP: RS.682 

The Tata group's stocks have been buzzing on the bourses lately. Our sources suggest there could be a major intra-group restructuring coming up and one should keep Tata Chemicals on the radar as this could be one of the major beneficiaries. Rising volume suggests that accumulation is going on in the stock. A nice time to accumulate this stock as the stock may continue its northward momentum in the short term.