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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. 
 

KEEP AN EYE ON THE MERGER 

Tata Communications Ltd 
BSE Code: 500483 
CMP: ₹ 2,073.40 

Hello gossip mongers! Tata Communications Limited plays a pivotal role as a digital ecosystem enabler, driving the growth of today's rapidly expanding digital economy. With recent developments on D-street regarding T+0 trading settlements, Tata Communications has emerged as one of the pioneers, being among the top 25 stocks eligible for sameday settlement. That’s not all: the company has filed a merger proposal with the Dutch Chamber of Commerce. The proposal involves merging Tata Communications MOVE B.V. and Tata Communications MOVE Nederland B.V. with their immediate parent company, Tata Communications. Keep your eye on this buzzing stock! 

ADD A COAT OF PROFIT 

SRF Ltd 
BSE Code: 503806 
CMP: ₹ 2,620.70 

SRF Ltd is a prominent manufacturer and distributor of a diverse range of products including technical textiles, chemicals, packaging films, aluminium foils, and various polymers. Insiders suggest that: The company capitalised approximately ₹1,100 crore in capital expenditure during the first nine months of the fiscal year, with an additional ₹700 crore worth of projects slated for commissioning in the fourth quarter of FY24. The cherry on the top is that the company anticipates strong domestic demand for belting fabrics within its Technical Textiles Business segment. The stock might soon witness a strong upward swing! 

READY TO RIDE THE HIGH TIDE 

Redington India Ltd. 
BSE Code: 532805 
CMP: ₹ 222.15 

Gossip enthusiast! In Q3, the company achieved the highestever quarterly revenue, totalling approximately ₹23,550 crore. This represents an impressive 8 per cent growth compared to the same period last year. Additionally, a 6 per cent growth in revenue compared to the previous quarter, highlighting the continued momentum and positive performance trajectory. The rumour in the markets says that the company remains committed to key initiatives like digital and cloud platforms, enhancing its technological capabilities while optimising investments to maintain a strong focus on return on investment (ROI). Investors should add this trending stock to their bucket list before it's too late. 

REFINE YOUR PORTFOLIO 

Bharat Petroleum Corp 
BSE Code: 500547 
CMP: ₹ 616.05 

Bharat Petroleum Corporation is a public sector company involved in refining crude oil and marketing petroleum products. There is interesting news making rounds among the market players. The company has entered into an agreement with BP to acquire 1 million barrels per month of U.S. West Texas Intermediate crude for four months, as per trade sources. The arrangement entails the refiner initiating the receipt of the oil beginning in June. Additionally, this trending stock is recognised as a Maharatna. If you don’t want to miss out on this one, then hop on the bandwagon, as BPCL is well-positioned for its rapid ascent in the coming times.

(Closing price as of April 02, 2024)