Recommendation from Ship Building and Printing & Publishing company

The scrips in this column have been recommended with a 15-day investment horizon in mind and carry high risk. Therefore, investors are advised to take into account their risk appetite before investing, as fundamentals may or may not back the recommendations.
COCHIN SHIPYARD LTD
CMP - ₹535.05
BSE CODE 540678
Volume 73,511
Face Value ₹10
Target ₹575 - 605
Stoploss ₹487 (CLS)

Cochin Shipyard Ltd, incorporated in 1972 as a Government of India company, is a key player with a Miniratna status in the construction and repairs of all types of vessels, as well as periodic upgradation and life extension of ships. The company previously announced that it had been selected as L1 in the tender for the construction of 6 Next Generation Missile Vessels (NGMV) and that a contract for the construction of said Vessels had been signed between the company and the Ministry of Defence for a total contract price of ₹9,804.98 crore. A sizable promoter holding, strong government backing, and a healthy order book are some of the company's strengths. It also has a considerably lower PE ratio than its competitors and the industry average. The past month has experienced a rally in shares, which have soared more than 12 per cent. Considering the price movement, thestock has room to grow as it is notably below its 52-week high of ₹686.80. Hence, we recommend BUY. 

IndiaMART InterMESH Ltd
CMP - ₹5,630.85
BSE CODE 542726
Volume 7,996
Face Value ₹10
Target ₹6,000 - 6,200
Stoploss ₹5,280 (CLS)

I ndiamart Intermesh Ltd is an Indian online business-to-business (B2B) marketplace founded in 1996. The company connects buyers and suppliers, providing a platform for small and medium-sized businesses to reach a wider audience and expand their customer base. Indiamart offers a range of services including business listings, lead generation, and online advertising. In Q4FY23, the company’s standalone net sales zoomed by 27.65 per cent from last year’s same quarter to ₹256.20 crore. The EBITDA level stood at ₹98.50 crore, witnessing a surge of 18.93 per cent from the March 2022 quarter. The net profit of the company rose more than 13 per cent from the corresponding quarter last year to ₹67.50 crore. The company's management anticipates a rise in traffic in the upcoming quarters as the number of suppliers has recently increased, and the matchmaking process is expected to improve. With current valuations at approximately 26 times its FY25 EV/EBITDA and an RoE and RoCE of 14 and 17.5 respectively. Hence, we recommend BUY