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.

TOTAL CONTROL

JK TYRE & INDUSTRIES LTD.
BSE Code: 530007 
CMP: ₹193.80

JK Tyre and Industries Ltd, one of India’s foremost tyre manufacturers is also amongst the top 25 manufacturers in the world. The company has been at the forefront of driving innovation and excellence in the tyre industry through its strong R&D department. The fund houses remain largely positive over this company on account of strong demand for the automobile sector and tyre maker's expansion plans. On the technical chart, the stock has registered a strong price volume breakout from its consolidation pattern. It is all geared up, and you must hop on to this stock to ride its momentum! 

GAMING YOUR WAY

DELTA CORP LTD. 
BSE Code: 532848 
CMP: ₹232.00

Delta Corp Limited is engaged in the business of operating casinos and online gaming platforms in India. The company has evolved into other diversified segments like entertainment, hospitality and real estate. It has reported magnificent quarterly earnings this season as revenue soared 261 per cent YoY to `270 crore, while net profit jumped 402 per cent to Rupee Foradian68 crore in September 2022. With the upcoming festive season, the company is expected to see robust demand across its businesses. With strong buying activity emerging in the stock, the game of green candles is not expected to stop any time soon! 

PICKING UP PACE

RASHTRIYA CHEMICALS & FERTILIZERS LTD. 
BSE Code: 524230 
CMP: ₹123.35

Rashtriya Chemicals and Fertilizers Limited (RCFL) is a 'Miniratna' Government of India Enterprise, that works in the manufacturing and sale of fertilizers and chemicals which includes Urea, Complex Fertilizers, Bio-fertilizers, Micronutrients, and a wide range of Industrial Chemicals. According to recent reports, the GoI is expected to reduce its stake via OFS in times to come. The divestment news has created fresh buying interest in the stock, which is quite evident from the spurt in volumes. The stock has registered a breakout from its triangle pattern with massive volume and is showing a strong uptrend. Thus, swing traders have a good opportunity to gain quick bucks! 

HIGH GROWTH PROSPECT

GABRIEL INDIA LTD. 
BSE Code: 505714
CMP: ₹198

Gabriel India is one of the leading companies engaged in the manufacturing and sales of ride control products across all automotive customer segments and acts as a key supplier of parts for passenger cars and OEMs. The company has seen profitability ratios improving in the past two years, while the debt/equity lies at nearly zero. The performance ratios have also seen a good jump this results season as it posted strong double-digit growth in revenue and net profits. Technically, the stock has registered a breakout from its 57-week cup and handle pattern with massive volume, which is considered strongly bullish over the mediumlong term. Strong growth prospects and recent order wins make this stock an ideal candidate to be included in your portfolio kitty!