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 

CAPACITY EXPANSION 

Rama Steel Tubes
BSE Code: 539309
CMP: Rs 213.65

Rama Steel Tubes is primarily engaged in the manufacture of ERW black round pipes, galvanized pipes, pre-galvanized pipes, steel sheet and structures. It products are sold under the brand name ‘TTT Rama’. Recently, the company received the ‘Fastest Growing Company’ award in steel and non-ferrous metals segment (medium sector) at the second IPF Industrial Excellence Awards, 2017. The company’s strategic plan to expand capacity at Lepakshi in South India will further strengthen its geographical presence. The continuously improving conditions in infrastructure, construction and other related sectors will drive the company’s profitability in the future. 

HNI BUYING 

Websol Energy System
BSE Code: 517498
CMP: Rs 131.50

The price movement in this stock over the recent past has been very good along with huge volumes. Market gossips are doing the rounds that a renowned investor and HNIs are showing keen interest in this stock for the medium term investment. Our sources suggest that the stock is set to see a good rally in the short-medium term. Hence, traders and investors with high risk appetite can look at the stock

DEMAND INTENSIVE BUSINESS 

Sunteck Realty
BSE Code: 512179
CMP: Rs 418

Sunteck Realty is a Mumbaibased real estate development company, catering to the ultra-luxury and luxury residential segment. Apart from being shifted to the A group on the BSE, Sunteck Realty has the added benefit of having a very clean and demand intensive business. The company management believes that with the infrastructure development (new flyovers) in the BKC picking up and the lifting of stay on mall constructions will result in traction in sales of the BKC project. This scrip is an attractive buy. 

AND FINALLY.. 

Tata Motors
BSE Code: 500570
CMP: Rs 433.20 

Tata Motors announced sales performance for December 2017. The domestic sales of commercial and passenger vehicles in December 2017 registered a growth of 52 per cent YoY due to increasing demand for vehicles across the segments, new product launches and strategic initiatives for the customers. Tata Motors’ passenger vehicle sales recorded growth of 31 per cent in December 2017, which is highest ever sales in the month of December since 2012. The new year holds tremendous opportunity and one can look at this stock as this could add some sparkle to your portfolio