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

COOKING-UP PROFITS

 

TTK Prestige Ltd 

BSE Code: 517506 
CMP: ₹812.60 

Prestige is a common name in every household. It is among the leading brands in the kitchen equipment space, especially in the pressure cooker segment. Brace yourselves for the latest scuttlebutt surrounding TTK Prestige Limited considering the festive season is around the corner. The whispers on Dalal Street indicate an upswing in demand from Q3 onwards. But this seems like the tip of the iceberg, they've re-aligned their existing machinery and equipment to create a new capacity, and added a whopping 1100 inner lid stainless steel cookers per day to their production line! Given these exciting developments, insiders are buzzing about the significant boost in the stock price. Keep your eyes on this trending stock! 
 

ON A DEVELOPMENT PATH 

Suratwwala Business Group 

BSE Code: 543218 
CMP: ₹316.90 

Attention, gossip enthusiasts! Realty sector is scoring new heights, and so is Suratwwala Business Group Limited: engaged in the development and maintenance of commercial and residential real estate projects. Their bottom line surged to a whopping ₹756.52 crore from a Y-o-Y loss of ₹1.70 crore. But here is the juiciest part: Whispers in the market say that FIIs have taken a liking to this stock. Their holding saw a slight uptick of 0.03 per cent in June 2023, making it their new sweetheart. If you are looking to hop on this exciting bandwagon, it might be wise to make your move before it's too late! 

PIED PIPER WITH SUBSTANTIAL MOVES 

Prince Pipes and Fittings 

BSE Code: 542907 
CMP: ₹726.15 

Its lights, camera and action for Prince Pipes and Fittings, navigating its path in the entertainment industry. Prince Pipes was associated with OMG 2 as the co-branding sponsor. In this season of Q1 performances: the revenues stood at ₹554 crore, a bit lower than last year's ₹604 crore. But contrary to this the net profit improved by a whopping 25 per cent YoY, hitting ₹20 crore, compared to ₹16 crore in Q1FY23. Here’s the scoop: The company is making big moves in Bihar! They're setting up a massive piping plant in two phases. This momentous development has injected a wave of confidence in investors, leading to speculations of a substantial surge in the stock price! 

SWITCH IT ON 

Salzer Electronics 

BSE Code: 517059 
CMP: ₹405.90

 

Gossip lovers are swirling around Salzer Electronics Limited in the stock market! This electric equipment stock is turning heads with its spectacular Q1 results: The top line soared to ₹288.67 crore, a whopping 21.3 per cent YoY growth. Following the trail, the Profit After Tax for Q1 FY24 hit ₹10.17 crore, showing a 5.5 per cent YoY growth. Projecting commitment and confidence: The promoters have increased their holdings by 2.29 per cent in the previous quarter. Now, here is the interesting bit: Our sources have revealed that Salzer Electronics might just tap into the business of smart meters! If everything falls in place, the stock might witness a heavy buying soon.