Kerbside

Ninad RamdasiCategories: DSIJ_Magazine_Web, DSIJMagazine_App, Informed Intelligence, Kerbside, Regular Columnsjoin us on whatsappfollow us on googleprefered on google

Kerbside

Gossip enthusiasts, investors have picked up on the potential for a new rally in gold.

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  

GOLD STANDARD 

Titan Company Limited
BSE Code: 500114
CMP: ₹ 3468.15 


Gossip enthusiasts, investors have picked up on the potential for a new rally in gold. Titan Company Ltd is among India’s most respected lifestyle companies. The Titan Company share price was among the largest gainers in Nifty50 stocks even as the Nifty-50 index saw steep corrections. To boost domestic value addition in gold and precious metal jewellery, the Finance Minister proposes to reduce customs duties on gold and silver to 6 per cent, and on platinum to 6.4 per cent. Investors to keep an eye on these buzzing stocks! 


TECHNICALLY SOUND 

ITC Ltd
BSE Code: 500875
CMP: ₹ 492.05 

Hello gossip mongers! With the budget being the main focus, investors were pleased to see no price hikes in ITC products, which further boosted sentiment in the consumption sector. ITC is the largest cigarette manufacturer and seller in the country. Currently, ITC operates in five business segments: FMCG Cigarettes, FMCG Others, Hotels, Paperboards, Paper and Packaging, and Agri Business. According to chartists, the stock has demonstrated a continuation price pattern breakout and has shown strong momentum in recent trading sessions. If everything falls in place the stock might witness a significant upward swing! 


POISED FOR GROWTH 

NTPC Ltd
BSE Code: 532555
CMP: ₹ 382.35 

Continuing the momentum of positive outcomes, next in line we have NTPC! The development of indigenous technology for Advanced Ultra Super Critical (AUSC) thermal power plants, which offer significantly higher efficiency, has been completed. A joint venture between NTPC and BHEL will establish a full-scale 800 MW commercial plant using AUSC technology. The government will provide the necessary fiscal support. If you don’t want to miss out on this trending stock, then hop on the bandwagon, as NTPC is well-positioned for its rapid ascent in the coming times. 


DON'T MISS OUT 

SUZLON ENERGY LTD.
BSE Code: 532667
CMP: ₹ 57.82 


A strategy to maintain high and resource-efficient economic growth while ensuring energy security in terms of availability, accessibility, and affordability. A policy document will be released on suitable energy transition pathways that balance the needs for employment, growth, and environmental sustainability. With this news the famous energy stock has seen a significant rally: Suzlon is a major global player in renewable energy solutions and operates as a vertically integrated wind turbine generator (WTG) manufacturer. Investors to keep an eye on this trending stock!