👍🏻 Yes Bank is facing huge selling pressure on Mr. Rana Kapoor's impending exit. However, its fundamentals remain
strong and the stock is likely to bounce back. Investors willing to take a small risk may enter and maintain a strict stop loss.
👍🏻 Sun Pharmaceutical Industries (Sun Pharma) has received USFDA approval for its speciality eye drug Xelpros estimated to garner $50-75 million revenue in the next 2-3 years. Sun Pharma had in-licensed Xelpros from Sun Pharma Advanced Research Company (Sparc) in June 2015. The USFDA approval will trigger a milestone payment to Sparc, which is also eligible for milestone payments and royalties on commercialization of Xelpros in USA. Buy both the stocks.
👍🏻 Bank of India plans to raise Rs.1000 crore via stake sale in non-core assets (including Rs.800 crore through stake sale in STCI Finance and SIDBI). Buy.
👍🏻 Jamna Auto Industries has signed a pact with UK based Tinsley Bridge for technology transfer. It also plans to incur capex of Rs.600 crore to launch new products. Buy.
👎🏻 ICRA has downgraded the long-term ratings of Oriental Bank of Commerce. It may be prudent to stay away from this counter.
👍🏻 Indian Oil Corporation has won some prestigious city gas licences. This efficient oil marketing company is also a good dividend distributor. Accumulate.
👍🏻 GMR Infrastructure plans to monetize its 1,400 acre land bank around Hyderabad international airport. A good opportunity to accumulate the stock at reasonable valuations.
👍🏻 Lakshmi Vilas Bank is on the verge of inducting a strategic partner by offering 30% of its stake to improve capital adequacy norms and to meet expansion plans. Buy.
👍🏻 HDFC Standard Life Insurance Company is eyeing a big pie of the insurance market in the next 2 years. Buy for 30% returns in the medium-term.
👍🏻 GHCL's soda ash enjoys strong demand and company is eyeing higher selling prices. A stronger dollar also augurs well for this export-oriented company. Buy for a year or two to reap huge returns.
👍🏻 The pharma sector looks good. It may be prudent to buy Biocon, which also has a big stake in Sygene.
👍🏻 Crude oil prices are on the rise. A positive for Selan Exploration Technology as it sells its products to Government of India at international prices.
👍🏻 Srikalahasthi Pipes is reportedly faring better. Its current beaten down share price
warrants a buy.
👍🏻 Most asset management companies (AMCs) have increased their exposure in paper companies due to the plastic ban and cut in
paper production by Chinese companies. Buy
JK Paper.
👍🏻 Cash-rich Mahindra
Lifespace Developers is
scouting for buying stressed assets of weaker companies. Buy.
👍🏻 The Chairman of
Power Grid Corporation of India sounds optimistic about its current and future operations. The stock deserves a permanent place in every portfolio.
👍🏻 Hindalco Industries plans to raise Rs.6000 crore via NCDs to meet capex requirements, repay loans and to fund
general corporate purposes. The aluminum sector also looks good. Buy.
👍🏻 IFCI, which has already recovered NPAs of Rs.160 crore, plans to recover another Rs.8000 crore over the next few
months. If its results are positive, the stock may bounce back.
👍🏻 National Aluminium Company is on an expansion spree. It plans a capex of Rs.5800 crore on a greenfield plant.
Aluminium prices are also on the rise. Buy.
👍🏻 TVS Motor Company has tied up with Mexico based Torinto to strengthen its foothold in the country. A positive for the company.
👍🏻 Shreyans Industries reported a good set of numbers for Q1FY19 and is on course to notch an EPS of Rs.30 in FY19.
Buy for a price target of Rs.280.
👍🏻 Hinduja Global Solutions is expected to notch an EPS of Rs.105+ in FY19 and Rs.115 in FY20. The stock is likely to touch Rs.1200.
👍🏻 Based on its Q1FY19 EPS of Rs.141, Bosch is expected to notch an EPS of Rs.600 in FY19. The stock is likely to cross
Rs.24000.
👍🏻 Based on its FY18 EPS of Rs.282.45, Honeywell Automation India is expected to notch an EPS of Rs.368 in FY19.
The stock is poised to touch Rs.25000.
👍🏻 Morganite Crucible (India) is set to notch an EPS of Rs.75 in FY19 based on its bright industry prospects. The
stock is likely to cross Rs.3000. Buy for the long-term.
👍🏻 An Ahmedabad based analyst recommends Amal, Amarjothi Spinning Mills, Crest Ventures, Goldiam International, IOL Chemicals & Pharmaceuticals, Lahoti Overseas and Lambodhara Textiles. From his previous recommendations, Tanfac Industries appreciated 273% from Rs.107.80 on 2 July 2018 to Rs.402.65; Rishabh Digha Steel & Allied Products appreciated 214% from Rs.39.5 on 11 December 2017 to Rs.124.2; Cenlub Industries appreciated 81% from Rs.55.3 on 2 July 2018 to Rs.100; Globus Spirits appreciated 67% from
Rs.128.45 on 13 August 2018 to Rs.215; Balrampur Chini Mills appreciated 49% from Rs.66.4 on 25 June 2018 to
Rs.98.95; and Makers Laboratories appreciated 46% from Rs.80.1 on 20 August 2018 to Rs.116.85.
👍🏻 The latest grey market premium for the Aavas Financiers IPO is Rs.60-65 and the cost of its minimum application
form is Rs.350-360.
👎🏻 The latest grey market premium for the Ircon International IPO has crashed to Rs.2-4 from a high of Rs.105-110.
