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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

REVENUE VISIBILITY 

NCC
BSE Code: 500294
CMP: Rs108 

NCC, formerly known as Nagarjuna Construction Company should benefit after the government approved a mega plan to build 83,677 km of highways over the next five years. The company has revenue visibility in the coming quarters due to strong order book and, if sources are to be believed, the company is expected to bag big orders in the coming quarters. The company has improved its credit profit significantly in the last couple of years and it is working on measures to reduce its debt further. Hence, this stock presents a good opportunity to make good money in the short-term.

SPURT IN VOLUMES 

Madras Fertilisers
BSE Code: 590134
CMP: Rs28.75 

The company is engaged in manufacturing chemical fertilisers. There has been a good accumulation in the stock over the past few trading sessions, which is evident from the rare spurt in volumes. Our sources suggest that a group of HNIs have been active in the stock and accumulation is going on from their side. This stock could be an outperformer in the coming days. With transition from naptha to natural gas as its feedstock, starting with Manali plant, the company is likely to achieve revival in the bottomline in the coming fiscals.

DOUBLE-DIGIT TRAFFIC GROWTH 

InterGlobe Aviation
BSE Code:539448
CMP: Rs1160 

This Indian airline has maintained 36th consecutive month of double-digit traffic growth as demand rose 16% in August. In a recent report, global airlines grouping IATA said India is expected to have 478 million air passengers in 2036 on the back of strong demand. Indigo is India’s fastest growing carrier and the largest domestic passenger airline with a market share of 40.1% during FY17, according to the DGCA. The stock can be looked at from a short-term trading perspective.

AND FINALLY.. 

Indiabulls Housing Finance
BSE Code: 535789
CMP: Rs1268 

The company reported a better-than-estimated 26% growth in the net profit for the quarter ended September, 2017 and its NII was also up by 27% on a YoY basis. The loan book for the quarter grew by 33% and the share of home loans in the overall book inched up 100bps. The management has guided 30% AUM growth for FY18 and focus is on expanding distribution model through e-home loans and Smart City home loans. Additionally, OakNorth Bank has secured investment of GBP 154 million from three investors valuing it at GBP 962 million and Indiabulls Housing Finance approx. 30% stake is now valued at $380 million against the original investment of $100 million. Considering the growth prospects of the company, the stock could be looked at for short-medium term gains.