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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 

Sona BLW Precision Forgings Ltd. 
BSE Code: 543300 
CMP: ₹638.95 

The company is an automotive technology company. The management has guided that the majority of its new programmes would go into production in the next one or two quarters. On the other hand, with RM headwinds receding, coupled with benefits of operating leverage, there should be margin expansion over FY23- 25E. The BEV revenue share contributed 30 per cent of total revenue versus 27 per cent in Q2FY24. The company’s net order book at Q3FY24 stands at ₹2,400 crore. New order wins include five new BEV programmes, including two new EV customers. This includes a new order from a legacy Indian ICE | EV 2W OEM player to supply integrated motor controllers for their upcoming high-performance electric bikes. The stock is all set to pick-up pace. 

IN PRIME HEALTH 

Apollo Hospitals Enterprises Ltd. 
BSE Code: 508869 
CMP: ₹6,762.10 

Apollo Hospital Enterprises commands about 6.5 per cent weightage in Nifty Pharma index and it’s outperforming the Nifty Pharma index on YTD basis. The stock made a 52-week high in mid-February and thereafter witnessed a breather to cool off the overbought conditions in the stock. As per the technical analyst of a leading broking firm, the stock is set for a massive run-up, and the market capitalisation could surpass the ₹1,00,000 crore mark soon! The stock is once again ready for “that” big momentum. High risk-taking traders can bet on this stock and watch it soar higher. 

SMOOTH ROAD TO SUCCESS 

AVG Logistics Ltd. 
BSE Code: 543910 
CMP: ₹468.90 

The company is partially liquidating its investment from the existing JV NDR AVG Business Park Private Limited, which was a prime warehouse project in New Delhi. NDR Warehousing Private Limited (NDR) is the joint venture partner of AVG Logistics through a JV company, namely, NDR-AVG Business Park Private Ltd. AVG Logistics has divested 69 per cent of its investment at the consideration of ₹22 crore, the cost of which was ₹6.8 crore. As such, AVG has made a profit of ₹15.2 crore from this transaction. The proceeds from this transaction will be utilised towards working capital requirements to drive further business growth, towards paying down debt resulting in a decrease in interest expenses, and to improve profitability and general corporate purposes. Keep on radar! 

PICTURING HUGE PROFITS 

Izmo Ltd. 
BSE Code: 532341 
CMP: ₹323.65 

Izmo is a leading entity in interactive solutions and owns the world’s largest collection of automotive images and animation. Izmo has a client base in thousands, from Fortune 10 OEMs to some of the largest automotive retail groups in the world. The company has added new clients across the US and Europe, and interestingly it has established a wholly-owned subsidiary named Izmo Microsystem (P) Ltd, which will engage in the development of technologies for electric vehicles. This would mark its foray into the electric vehicle (EV) space where there is tremendous scope for solutions such as battery management. Trading at a PE of 17.1 and looking at its growth possibility, it seems the sky is the limit for this stock.