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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 

HEALTHY ADDITION TO YOUR PORTFOLIO 

Apollo Hospitals
BSE Code: 508869
CMP: ₹6,110.20 

Apollo Hospitals has established itself as Asia’s leading integrated healthcare services provider, boasting a strong presence throughout the healthcare ecosystem. This includes hospitals, pharmacies, primary care and diagnostic clinics, and various retail health models. In Q4 FY24, the company's consolidated revenue grew by 15 per cent, while consolidated net profit increased by 76 per cent. Here is the scoop: The healthcare services (HCS) segment saw revenue growth of 14 per cent for FY24, with volumes increasing by 5 per cent. With these positive developments, the stock might witness a significant upward swing. Keep an eye on this buzzing stock! 

ENERGIZE YOUR RETURNS 

Sterling and Wilson Solar Ltd
BSE Code: 542760
CMP: ₹796.50 

Gossipmongers! Sterling and Wilson Solar Ltd is a leading global provider of end-to-end solar engineering, procurement, and construction (EPC) solutions, also engaged in the operation and maintenance (O&M) of solar power projects. Backed by Reliance Industries, the company closed the year with an order book of approximately ₹8,084 crore and expects order inflows of around ₹8,000 crores in FY25, excluding orders from Reliance and Nigeria. Rumours suggest that one of the promoters has created a pledge of 2,80,000 shares valued at ₹22.16 crore, representing 2.15 per cent of their holdings. Additionally, there has been a recent change in management. Keep the stock on your radar. 

TAILORING GROWTH 

Nandan Denim Ltd
BSE Code: 532641
CMP: ₹44.16 

Nandan Denim Ltd manufactures denim, shirting materials, yarn, and various types of fabrics. Interestingly, the company reported significant growth in its financial results. Sales increased by 26.68 per cent year-on-year (YoY) and 25.3 per cent quarter-on-quarter (QoQ), reaching ₹579 crore compared to ₹457 crore in March 2023 and ₹462 crore in December 2023. Furthermore, Net profit experienced an impressive 881 per cent YoY growth and a 240 per cent QoQ increase, reaching ₹27.1 crore, compared to ₹2.8 crore in March 2023 and ₹8 crore in December 2023. Additionally, India’s exports of textiles and apparel are expected to grow to USD 65 billion by 2025-26. Keep an eye on this trending stock. 
 

GREEN GROWTH, STRONG RETURNS 

Praj Industries Ltd.
BSE Code: 522205
CMP: ₹617.35 

Praj Industries Limited, a global leader in providing solutions across biofuels, biomaterials, energy transition and climate action, critical process equipment and modularization, high purity water systems, brewery and beverages, and zero liquid discharge systems, has released its performance review for FY24. Good news for shareholders as the Board of Directors proposed a final dividend of ₹6 per share, representing 300 per cent of the face value of ₹2 per share. Praj also announced the successful commissioning of commercial-scale compressed biogas (CBG) plants using press mud and rice straw, achieving benchmark results for yield. There is more: The international order book saw year-on-year growth of 62 per cent. With these recent positive developments, the stock is expected to have an upward rally. 

(Closing price as of June 11, 2024)