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 

EYEING RENEWABLE ENERGY SPACE 

Torrent Power Limited
BSE Code: 532779
CMP: ₹747.30 

Attention gossip mongers! Torrent Power is a leading integrated power utility company in India with a presence across the generation, transmission and distribution of power. There is word on Dalal Street that Torrent Power is aiming to hit 5 GW of renewable energy capacity within the next 4-5 years. They've already got 2 GW of renewable energy capacity either up and running or in the works. Market enthusiasts say that they are bullish on pump storage too and have also inked an MoU for the same. But the juiciest part is: they're in talks with other states like UP, MP, Rajasthan, and Gujarat about it too. Keep an eye on this buzzing stock! 

PARTNERING FOR PROGRESS 

One 97 Communications
BSE Code: 543396
CMP: ₹876.65 

The recent Global Fintech Festival in Mumbai has reignited the conversation amongst gossip lovers. India's fintech industry once euphoric, is facing a reality check. Despite being the third-largest fintech market in unicorns, it only accounts for 5 per cent of global turnover. Investments are dwindling, with VCs and PE funds cutting back. Here is the scoop, on loan distribution, it seems there's a massive growth opportunity in sight, and the focus remains on maintaining top-notch credit quality for partners. Gossip says they're aiming to bring in 3-4 new lending partners this year. If everything falls in place the stock might witness a significant upward rally. 

A BLOCKBUSTER AWAITS 

MSTC Limited
BSE Code: 542597
CMP: ₹438.10 

The company is engaged in e-commerce, trading, and recycling. They're also into e-auctions, e-procurement, and even custom software development. Here is the exciting part: they've set up India's first authorised collection and dismantling centre for recycling end-of-life vehicles and white goods. It's a joint venture with Mahindra Intertrade, and they're doing it in an eco-friendly way. A famous chartist predicts it could hit ₹500 in the near term and ₹700 in the long term. If you are looking to hop on this exciting bandwagon, it might be wise to make a move before its late! 

A STITCH IN TIME SAVES NINE 

Arvind Limited
BSE Code: 500101
CMP: ₹186.00 

Arvind Limited is a major player in India's textile industry with nearly eight decades of experience. The company is known for its evolution from khadi to denim, they are embarking on a new journey as the fifth generation takes the reins. The rumour in the market suggests that the company is planning to establish an apparel facility in Varanasi. Arvind Limited's segments: Human Protection, Industrial, and Composites. The rumour among investors suggests that they're going to make serious upgrades across the board. Given these exciting developments, the insiders are buzzing about a significant surge in stock price.