Kerbside
Ninad RamdasiCategories: DSIJ_Magazine_Web, DSIJMagazine_App, Informed Intelligence, Kerbside, Regular Columns
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.
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
BEING PROFITABLY HOSPITABLE
Chalet Hotels Ltd.
BSE Code: 542399
CMP: ₹307.55
Chalet Hotels Limited (CHL) is an owner, developer and asset manager of high-end hotels in key metro cities in India. CHL comprises seven operating hotels, including a hotel with a co-located serviced residence, which is situated across the markets of the Mumbai Metropolitan Region, Hyderabad, Bengaluru and Pune. One of the renowned technical analysts of D-Street has recommended this stock to his clients with a short-term perspective as the volumes have been inching higher in the last couple of trading sessions. Furthermore, the MACD has generated a buy signal and the histogram suggests an increase in bullish momentum. Hence, this is the right time to check-in into this stock for stellar gains.
WEALTH IN WELDING
ESAB INDIA LTD.
BSE Code: 500133
CMP: ₹3,626.95
ESAB India is engaged in the business of welding consumables such as welding electrodes, copper-coated wires, flux-cored wires and welding fluxes, and of welding equipment such as welding machines and cutting equipment. From a technical standpoint the stock is currently comfortably placed above its key moving averages. Also, the stock is meeting most of the criteria of the CANSLIM method. Those with high-risk appetite can take their bets on this one to make some quick gains.
REAPING A RICH HARVEST
COROMANDEL INTERNATIONAL LTD.
BSE Code: 506395
CMP: ₹943.00
Coromandel International Limited is amongst India’s pioneers and leading agriculturebased solutions provider. It operates in two major segments: nutrient and other allied businesses and crop protection. On Tuesday, the stock recorded the highest single-day volumes since April 28, 2022. Moreover, the volumes were greater than its 30 and 50 days’ average volume. There are murmurs on D-Street that the stock could soon cross the four-digit mark as a favourable policy announcement is anticipated which could benefit the stock. Hence, ignore the market volatility and buy this stock for handsome capital appreciation.
ENGINEERING THE RIGHT RETURNS
HBL POWER SYSTEMS LTD.
BSE Code: 517271
CMP: ₹85.15
HBL Power Systems is focused on engineered products and services. The company is engaged in the design, development and manufacturing of specialised batteries and direct current systems in India and other engineering products. The company is expected to post strong financial performance in the current quarter, which may take the stock price to another level. Investors with medium-term view should opt for this one. The Board of Directors of the company is scheduled to meet on May 26, 2022 to consider and approve financial results for the quarter and year ended on March 31, 2022.Those with high risk appetite can take their bets on this scrip to make some quick gains.