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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
 

APPROVAL RATING RISE 

Indraprastha Gas Ltd
BSE Code: 532514
CMP: ₹487.50 



Gossip from the world of gas! IGL is a JV promoted by GAIL (India) Limited and Bharat Petroleum Corporation (BPCL). The government of NCT of Delhi is holding 5 per cent equity. In a recent rating action report, CARE, the renowned rating agency, reaffirmed the Long-Term Bank Loan Rating with a pristine AAA rating. That’s not enough. Furthermore, CARE has assigned a AAA rating to the Non-Convertible Debentures (NCDs), signifying the high creditworthiness and reliability of this instrument. Market enthusiasts are upbeat about the stock's future prospects, given the maintained creditworthiness and the trust of the rating agency, making these instruments attractive options in the financial market. 

'WATCH' IT NOW 

Titan Company Ltd
BSE Code: 500114
CMP: ₹3310.40 

Titan Company Ltd, a renowned player in India's lifestyle industry, has earned a reputation for excellence. It boasts dominant market positions in the Watches, Jewellery, and Eyewear sectors. A rumour among the investors suggests that the Titan Company revealed its plans potential issuance of Non-Convertible Debentures (NCDs) through private placement. Here is the scoop: One of Titan's standout contributions to this space is Helios, its multibrand premium watch store. Helios boasts an impressive array of close to 45 brands, offering timepieces that start at a modest ₹5,000 and can climb to as high as ₹2.5 lakh to ₹3 lakh in the premium segment. Keep a close watch on it. 

FESTIVE PROFITS IN THE OFFING 

Hero MotoCorp Ltd
BSE Code: 500182
CMP: ₹3160.10 

With the festive season just around the corner, whether it's Diwali, Christmas, or New Year, it's that time of year when auto companies can expect a delightful treat. Gossipmongers are anticipating a whopping 30 per cent surge in bookings this festive season as inquiries skyrocketed by 20 per cent. The buzz on the street is that they're anticipating double-digit growth during this festive season. A sense of relief as the crisis in Israel hasn't caused an immediate impact on the Indian auto market. These intriguing developments have captured the attention of investors. The stock might witness a significant uptick in its prices. Keep your eye on this buzzing stock. 

MAKING A MARK 

Indian Hotels Company
BSE Code: 500850
CMP: ₹416.80 



Attention gossip enthusiast! The Indian Hotels Company specialises in owning, operating, and managing hotels, palaces, and resorts. Recently, Godrej Properties unveiled the Taj The Trees hotel in the heart of their Vikhroli project in Mumbai. This lavish hotel, a part of Godrej Properties' portfolio, will be under the expert management of Indian Hotel Companies Limited (IHCL). Now here is the interesting bit: In a recent turn of events, the renowned rating agency, CARE, has decided to upgrade the bank loan rating from AA to AA+. This upgrade has certainly caught the attention of market enthusiasts. If everything falls in place the price of shares might witness a significant uptick.

(Closing price as of October 16, 2023)