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 recommendations.

CREATING PROFITABLE FORMULATIONS

Aarti Industries Ltd.
BSE Code: 524208
CMP: ₹761.95 

Aarti Industries is a specialty chemicals’ company engaged in manufacturing home and personal care products. The stock has seen strong buying interest recently and has surged over 13 per cent from its recent swing low of Rs 717 in just three trading sessions. In its Quarterly Results of Q4FY22, the stock has reported 9.4 per cent increase in PAT. There was a positive commentary regarding the business outlook of the company by the management. This has cheered the investors and the momentum is likely to continue for some more time. 

AS SWEET AS IT GETS

E.I.D.-PARRY (INDIA) LTD.
BSE Code: 500125
CMP: ₹556.20

E.I.D. Parry (India) is engaged in the manufacturing and marketing of sugar, bio pesticides and nutraceuticals. For its March quarter the company has reported a turnaround profit of Rs 303 crore. The stock has since performed well and has surged over 23 per cent. With such strong momentum and business aspects there is no reason why investors shouldn’t pick on this one for the medium term! 

MAKING MONEY WORK

CreditAccess Grameen Ltd.
BSE Code: 541770
CMP: ₹1072.10

Credit Access Grameen is a non-banking financial company engaged in the microfinance sector. Its services are focused towards the rural poor and low income households, particularly women. The stock has witnessed a triangle breakout on the technical chart with heavy volumes. The stock has gained over 75 per cent this year. As per the technical parameters, the stock is in a bullish zone. The volumes have risen recently and you can bet on this one to move higher.

IN THE COMFORT ZONE

Indian Hotels Company Ltd.
BSE Code: 500850
CMP: ₹235.05

The Indian Hotels Company is engaged in short-term accommodation activities and restaurants and mobile food service. Post its quarterly results, the stock has performed well and received good buying interest. From its recent low the stock has jumped over 12 per cent. The company has strong growth prospects and the business is picking up pace post the pandemic. It is above all its key moving averages and the volumes have risen recently. The stock is expected to generate good returns and is likely to outperform the market given its strong presence in the sector.

(Closing price as of May 31, 2022)