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 

IMPRESSIVE ORDER BOOK

THERMAX LTD.

BSE Code: 500411
CMP: Rs 1,751.60

Thermax a leading energy and environment solutions provider and one of the few companies in the world that offers integrated innovative solutions in the areas of heating, cooling, power, water and waste management, air pollution control and chemicals. It has recently bagged an Rs 830 crore order from an Indian power private sector company to set up flue gas desulphurisation (FGD) systems for their three units of 660 MW capacities each in Uttar Pradesh. The stock technically looks poised for a decent up-move in the near term as the prospects for the company are quite bright in the long run. 

HEALTHY PROFITS

WOCKHARDT LTD.

BSE Code: 532300
CMP: Rs 435.50

The company continues to build on its intellectual property base with cumulative patents filed and 763 cumulative patents granted as of March 31, 2021. This demonstrates its deep commitment to build a new foundation in the next few years. As such, this is a good stock to accumulate at the current levels.

BIG NEWS IN THE PIPELINE

Minda Corporation Ltd.

BSE Code: 538962
CMP: Rs 163.70

Minda Corporation is one of the leading automotive component manufacturing companies with a pan-India presence and significant international footprint. The company has a diversified product portfolio that encompasses mechatronics, information and connected systems, interior plastic and electronic components for automotive OEMs. These products cater to two and three-wheelers, passenger vehicles, commercial vehicles, off-roaders and the aftermarket. It has a diversified customer base including Indian and global OEMs and Tier I customers. As per our sources, the company may soon disclose a big development in the coming weeks that could spark the stock price.

PRODUCTS IN DEMAND

HINDUSTAN UNILEVER LTD.

BSE Code: 500696
CMP: Rs 2,318.45

Hindustan Unilever is a consumer goods company and its products include foods, beverages, cleaning agents, personal care products, water purifiers and other fast-moving consumer goods. Considering the high volatility expected in the markets till there is more clarity about the new variant of the corona virus and whether the vaccines are effective against it, defensive stocks are likely to witness buying interest. The murmur on D-Street is that FMCG stocks could witness good buying in the coming days. Given the scenario, it would be a good option to buy stocks of this company at the current juncture.

(Closing price as of Nov 30, 2021)