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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 

A SHINING STAR 

PC JEWELLER LTD.
BSE Code: 534809
CMP: ₹85.81 

This Small-Cap jewellery stock has recently caught investors attention. The reduction in Basic Customs Duty (BCD) has already boosted the jewellery market. Now, there’s more good news for PC Jewellers shareholders. On August 5, 2024, Indian Bank accepted the company's One Time Settlement (OTS) proposal to settle its outstanding dues. Additionally, IDFC First Bank Limited has also accepted the bank's OTS proposal. These settlements would eventually boost the company's financials in the long run. Here's the scoop: This hidden gem is a multibagger stock, delivering over 200 per cent returns in the past year! Keep an eye on this trending stock. 

BACK ON TRACK 

Century Enka Ltd
BSE Code: 500280
CMP: ₹664.60 

In this thrilling earnings season, we have a textile stock showing strong performance. Established in 1965 by the BK Birla Group and Enka International, which is part of the Akzo Nobel group, Century Enka specialises in manufacturing industrial yarn, textile yarn, and fabric. Net sales for June 2024 are at ₹528.02 crore, up 23.23 per cent from ₹428.50 crore in June 2023. The quarterly net profit is ₹24.29 crore, up 77.3 per cent from ₹13.70 crore in June 2023. The gossip among the market players suggests; the textile industry has been in consolidation for a long time, and these results could mark a turnaround for the company. Keep an eye on this stock! 

ON GROWTH PATH 

GHCL
BSE Code: 500171
CMP: ₹588.70 

GHCL is in the business of chemicals, yarn, and commodity products. This small-cap company has reported its results with the bottom line standing at  ₹151 crore in Q1 FY25, compared to ₹125 crore in Q4 FY24 and ₹207 crore in Q1 FY24. The whisper on Dalal Street suggests: R.S. Jalan, the Managing Director of GHCL has highlighted the company's strong operational performance, noting continued volume growth and improved cost efficiency. Additionally, GHCL is focused on growth initiatives and believes that once industry pricing stabilises, financial performance will follow suit. Keep an eye on this buzzing stock! 

A PROFIT CARRIER 

North Eastern Carrying Corp. Ltd
BSE Code: 534615
CMP: ₹33.65 

This micro-cap hidden gem has recently come into the spotlight. In June 2024, North Eastern reported net sales of ₹77.63 crore, which is a 7.42 per cent decrease from ₹83.85 crore in June 2023. However, the company's quarterly net profit saw a significant increase, reaching ₹3.67 crore, up 147.06 per cent from ₹1.49 crore in June 2023. Additionally, North Eastern's earnings per share (EPS) rose to ₹0.38 in June 2024, compared to ₹0.30 in June 2023. If everything falls in place with the future endeavours of the company the stock might witness a significant upswing!