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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
 

EXPLORING NEW OPPORTUNITIES 

Indraprastha Gas Ltd. 
BSE Code: 532514 
CMP: ₹441.15 

While Indraprastha Gas Ltd (IGL) might have been an underperformer in the past year, there are signs of a phoenix-like resurgence. The company has strategically positioned itself to mitigate the impact of electric vehicles on CNG sales by focusing on interstate bus transport and LNG for long-haul transportation. Furthermore, its foray into renewable energy and an innovative plan to set up a small-scale LNG plant using CNG could be a game-changer. With these strategic moves, a potential re-rating of the stock seems likely, making IGL an interesting prospect for investors seeking long-term growth. 

A SECURE BET 

SIS Ltd. 
BSE Code: 540673 
CMP: ₹491.35 

SIS Limited, a key player in security solutions, facility management and cash logistics, is set for a potential recovery, according to industry experts. The optimistic outlook is supported by positive indicators such as the expected revival in vertical businesses like security solutions and facility management. Additionally, the recovery in international business and the management’s confidence in the medium-term demand pickup enhance the attractiveness of SIS Ltd. For those with a higher risk appetite, the anticipation of margin expansion in the short term adds to the allure of considering this stock for investment. 

IMPRESSIVE INCOME GROWTH 

Aditya Birla Capital 
BSE Code: 540691 
CMP: ₹178.10 

Aditya Birla Capital’s impressive performance across various financial sectors positions it as a key player in the Indian market. The recent surge in stock volume on February 2 indicates a growing interest from high-net-worth individuals (HNIs), possibly signalling a significant upward movement. Over the last five years, its revenue has soared at an annual rate of 21.1 per cent, surpassing the industry average. Notably, the market share has expanded from 12.61 per cent to an impressive 19.23 per cent since FY 2018-19. With a remarkable net income growth rate of 47.24 per cent, Aditya Birla Capital appears poised to make substantial waves in the financial landscape. Investors would do well to keep a keen eye on this stock, as it seems poised for significant growth. 

CRANING UP FOR PROFITS 

Sanghvi Movers 
BSE Code: 530073 
CMP: ₹836.90 

In the dynamic Small-Cap space, Sanghvi Movers is emerging as a standout choice, especially for those interested in swing trading. As the small-cap index reaches new highs, Sanghvi Movers, a crane hiring company, has caught the attention of technical analysts. The strong structure on the weekly chart, consistent respect for the 20 weekly moving average and the formation of a double bottom pattern on the daily chart are compelling signals. The recent breach of the neckline resistance suggests that Sanghvi Movers could be gearing up for a substantial double-digit return. For traders looking for potential opportunities, keeping a vigilant eye on Sanghvi Movers could prove to be a prudent strategy. 

(Closing price as of February 05, 2024)