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 

OPTIMISTIC AND GROWTH-ORIENTED
Fertilisers and Chemicals Travancore
BSE Code: 590024
CMP: ₹292.60



Fertilisers and Chemicals Travancore Limited (FACT) is engaged in the manufacturing and marketing of fertilisers and petrochemicals, and design and fabrication of industrial solutions. During its onward journey, FACT has had its ups and downs and now stands as one of the biggest fertiliser enterprises of the country and an ardent exemplar of the triumph of the public sector. The stock is in a strong momentum lately, having soared over 100 per cent already this month as strong buying interest prevailed due to strong growth prospects of the company. The revenue has increased consistently for the past five years. In its recent quarterly earnings, net profit grew nearly 300 per cent to Rs 144.60 crore amid strong demand in exports and robust growth. This growth phase is likely to continue, and you don’t need to look anywhere else if you believe in such bullishness.
 

WORTH BANKING ON

Equitas Small Finance Bank
BSE Code: 543243 
CMP: ₹57.10

Equitas Small Finance EFFICIENT ENGINEERING Bank Limited works in the domain of SME and corporate banking, emerging enterprise banking, credit cards and provides loan services to small industries. The key driver behind the growing fundamental numbers has been the management which continues to remain optimistic over the banking business. The stock has seen strong buying interest since June and has soared over 40 per cent during this period. The FIIs have been increasing their stake in this bank for the past three quarters as the business looks promising. Along with this, many brokerages and fund houses have upgraded their targets owing to strong earnings. With the stock witnessing strong buying sentiment, long-term investors have a gem to add to their portfolio!  
 

EFFICIENT ENGINEERING

Praj Industries
BSE Code: 522205
CMP: ₹364.15

Praj Industries Ltd. is a global company providing various solutions with a focus on the environment, energy and agriculture process industry. The rise of ethanol and biogas as fuel has aided growth in the company’s business as a whole. The government’s decision to cut GST on ethanol has certainly cheered investors as the sentiment continues to remain bullish in this sector. The earnings are promising, and robust growth lies ahead for the company. In the recent earnings season, the company registered double-digit growth across net profitability and its efficiency ratios improved. Known as the best among its peers, what holds you back from not adding it to your portfolio kitty?   

BREWING MORE GAINS

CCL PRODUCTS (INDIA) LTD.
BSE Code: 519600 
CMP: ₹561.60



CCL Products (India) Limited is engaged in producing the finest coffee of rich quality. The company is one of the frontrunners in the coffee industry of India. Recently, many analysts have upgraded their targets in response to its growing business potential and earnings. CCL is targeting about 40 per cent growth in FY23 in the Indian market with major stakes placed in North and South India. The quality of the business holds strong as evident from the fact that the stock has witnessed triple-digit growth over a long period while it has already soared over 25 per cent this year and outperformed its peers. With the stock trading near its 52-week high levels, one can surely ride out its momentum.