Kerbside
JAIN IRRIGATION (REAPING PROFITS)
BSE CODE: 500219 | CMP: Rs 64.55 | Volume: 69,449
The stock has evinced a good amount of interest among market participants, and has been witnessing growing volumes in the past few trading sessions. The company registered exemplary Q4FY15 performance after having languished for past 10-12 quarters. Going forward, we expect the reversal in trend in the stock performance. Many HNIs have stared accumulating the stock and are hoping to see a steep northward journey in the counter. It can be looked at from a short term trading perspective.
IDBI Bank (GENERATING INTEREST)
BSE CODE: 500116 | CMP: Rs 70.65 | Volume: 16,17,890
Bank stocks will remain in focus due to due to RBI policy meet on 2nd June. Therefore we have chosen one banking stock in this column. The stock is witnessing good volumes, but the price is trading in the range bound. The company has posted decent result. The stock can be ideal candidate for some short-term trading gains.
AEGIS LOGISTICS (GOOD MOVE)
BSE CODE: 500003 | CMP: Rs 713 | Volume: 6,329
The stock is witnessing volumes on the higher side. However, the price movement is not that much, and it has been consolidating and witnessing a range-bound move. It is heard that the company has caught the eye of many investors, who have taken a long positions have been created in the stock by some big market participants. The stock can be looked at for some short-term trading gains.
VOLTAMP TRANSFORMERS (HIGH POWER)
BSE CODE: 532757 | CMP: Rs 709 | Volume: 5,926
The stock has witnessed good volumes in the recent past, but the stock price has been corrected from last one week after declaring a result. Company has posted good result however it has already given pre-result rally in the market. As per market source, the stock is again likely to witness an upward move from its current levels. You can look at it for some quick short-term trading gains.