Kerbside

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Kerbside

Gossip mongers! Kalyan Jewellers India Ltd is a prominent player in the design, manufacturing, and sale of diverse jewellery products, including gold and studded pieces, catering to a wide range of price points.

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


KNIGHT IN SHINING ARMOUR 


Kalyan Jewellers India Ltd 
BSE Code: 543278 
CMP: ₹343.15 

Gossip mongers! Kalyan Jewellers India Ltd is a prominent player in the design, manufacturing, and sale of diverse jewellery products, including gold and studded pieces, catering to a wide range of price points. The rumour among the market players suggests that the Kalyan Jewellers FZE, the whollyowned subsidiary of the company, just added a new member to its family in the UAE! The new edition is called "Kalyan Jewellers Procurement LLC," and it officially joined on December 25, 2023. The company is expanding glitters overseas with this the stock might witness a significant upswing coming time! 


ILLUMINATE YOUR PORTFOLIO 

JSW Energy Ltd 
BSE Code: 533148 
CMP: ₹415.40 

Market enthusiasts! JSW Renew Energy Limited, the subsidiary of JSW Energy is making new developments in Tamil Nadu. Their 810 MW Wind Power Project from SECI Tranche IX is unveiling its first 51 MW phase. With a 25-year power purchase agreement. But wait, there's more! JSW Energy has total installed capacity is now 6,822 MW, with 2,969 MW in the pipeline for the next year. Prashant Jain from JSW Energy, said, "We're on track to hit 10 GW by the end of 2024." If everything falls in place the stock might witness a significant surge in its price. Keep this on your radar! 


THE PERFECT STOCK PILL 

Themis Medicare Limited 
BSE Code: 530199 
CMP: ₹218.90 

Market aficionados! The recent reassessment of the ratings for Themis Medicare Limited (TML) considers favourable capital structure, robust debt coverage indicators, and strong profitability, coupled with a healthy liquidity position. The whisper on the D-street suggests the company is strategically expanding its presence in new Rest of the World (RoW) markets during Phase I, covering a span of 0 to 3 years. The interesting aspect is that in recent trades' the stock has shown a significant breakout on charts with significant volumes. Add this buzzing stock to your portfolio before it's too late! 


BUILDING UP PROFITS 

Godrej Properties Limited 
BSE Code: 533150 
CMP: ₹1,981.30 

Godrej Properties Limited (GPL) stands as the real estate powerhouse within the esteemed Godrej Group. Market enthusiasts, there has been recent development observed in their Gurugram project. The company has achieved a remarkable milestone with the sale of inventory exceeding Rs 2,600 crore in its Godrej Aristocrat project, located in Gurugram's Sector 49. Here is the scoop: This accomplishment surpasses the previous record set by the launch of Godrej Tropical Isle in Noida last quarter, which achieved sales worth over Rs 2,000 crore. There is more: Stock has become a new favourite among FIIs as they increased their holding from 28.85 per cent in June 2023 to 29.25 per cent in September 2023. Keep your eye on this one!