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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 THIS GEM ON YOUR RADAR 

DOMS Industries 
BSE Code: 544045 
CMP: ₹1,905.60 

DOMS Industries Limited is a stationery and art product company primarily involved in the design, development, manufacturing, and sale of a diverse range of these products. Here is the scoop: Revenue for Q4 FY24 grew by 20 per cent to ₹403.74 crore, up from ₹336.48 crore in Q4 FY23 and the bottom line for Q4 FY24 also saw an impressive increase of 29.6 per cent, reaching ₹46.93 crore compared to ₹36.21 crore in the same period the previous year. The whisper among the market players suggests that the company has commenced construction on a major new project aimed at creating one of the largest single-unit stationery and art material manufacturing facilities. This expansion is expected to significantly increase the company’s production capacity in the coming years. Keep this gem on your radar! 

POISED TO RISE 

Indraprastha Gas 
BSE Code: 532514 
CMP: ₹472.65 

Leading city gas distributor Indraprastha Gas Ltd (IGL) has reported a 9 per cent increase in consolidated net profit, reaching ₹433.79 crore in the March quarter of FY24, compared to ₹397.51 crore in the same period last year. That’s not all, good news awaits shareholders. The Board has recommended a final dividend of 250 per cent, or ₹5 per share (face value of ₹2 each), for the financial year 2023-24. Additionally, earlier this year the city gas distributors announced reductions in compressed natural gas (CNG) prices across all locations. Investors have caught the whiff of this hidden gem, anticipating a potential vertical upswing 

DON'T MISS THE ACTION 

HCL Technologies 
BSE Code: 532281 
CMP: ₹1,358.25 

Gossip enthusiasts next in line we have, HCL Technologies! It primarily offers a variety of IT and business services, engineering and R&D services. With recent developments, the stock has been turning heads on D-street. Firstly, HCLTech has announced a collaboration with Arm to develop custom silicon chips optimised for AI workloads. This partnership aims to enhance the performance and efficiency of AI applications. Furthermore, it has been recognised as a Leader in the Gartner® Magic Quadrant™ for Outsourced Digital Workplace Services, highlighting the company's strong performance and capabilities in the digital workplace services sector. That’s not all: HCLTech's AquaSphere solution has won the prestigious SAP Pinnacle Award. Keep an eye on this trending stock! 

GET READY FOR GAINS 

Apollo Micro Systems 
BSE Code: 540879 
CMP: ₹108.85 

Yes! you heard it right, AMS experienced significant financial growth in FY24, driven by strong order execution. The company's FY24 revenue reached ₹371.63 crore, compared to ₹297.52 crore in FY23, reflecting a healthy growth rate of 24.91 per cent. Similarly, in terms of net profit, the net profit stood at ₹31.10 crore, up from ₹18.73 crore in FY23. The PAT margins were 9.55 per cent for Q4 FY24 and 8.37 per cent for the full fiscal year. The rumour suggests: AMS is participating in Make-II Defence Projects and is likely to collaborate with other companies to build larger platforms. Keep your eye on this buzzing stock.