Informed Intelligence

RIGHT REMEDY

GLENMARK PHARMACEUTICALS

BSE Code: 532296
CMP: Rs 541
Volume: 313000

The stock has been moving in a range for the last few days, and the volumes have witnessed a spurt in the past few trading sessions. It has been heard that the company is being watched closely by some big market participants, and they are working in a group to create long positions in the stock. The company may come out with some positive news on the line of the news of drug outsourcing that came into light a few days back. Investors may create positions in the stock according to their risk appetite to witness some short-term gain.

IN GOOD HEALTH

APOLLO HOSPITALS ENTERPRISE

BSE Code: 508869
CMP: Rs 801
Volume: 10000

Though the price movement remained in a range, the volumes have been building up. The company is on the radar of one of the leading fund houses, and they are taking keen interest in the stock for the last fortnight. It has been heard that the company may come out with some news of acquisition, which has to be watched closely as it may drive the prices to a northward journey. Investors may create positions in the stock according to their risk appetite for some short-term gains.

DRIVING GAINS

AMTEK AUTO

BSE Code: 520077
CMP: Rs 91
Volume: 1965000

The prices as well as the volumes in this stock have been picking up. Our readers may wonder why we are talking about this auto ancillary stock when the auto companies are not doing well. But the fact is that there have been rounds of talks that a big bull has entered the stock and is quite positive on it. Market sources suggest that there is still some steam left in the counter. Consider investing in the scrip to gain in the short term.

WELL RUBBERISED

JK TYRE & INDUSTRIES

BSE Code: 530007
CMP: Rs 121
Volume: 14000

The stock has been witnessing better volumes in the last few sessions and has remained very active among the traders in the last week. According to market sources the stock is likely to witness an upward move further move from its current levels. Domestic fund houses and big market participants have entered the stock and expect some positive announcement by the management that may induce further positive vibes that will take the prices northwards. Therefore, the stock can be looked upon for a short term trading gain.