Kerbside

ALLCARGO LOGISTICS | BSE CODE: 532749 | CMP: Rs. 282.70

DELIVERING PROFITS

There has been a spurt in volumes in this counter in the past few trading session and as per the market buzz, it is expected to see a better price performance going ahead. It is being heard that some large market participants and some of the big domestic fund houses have taken long positions in the stock and are expecting the stock price to move higher. It can be looked at from a short-term trading perspective.

L&T FINANCE HOLDINGS | BSE CODE: 533519 | CMP: Rs. 73.65

LOOKING STRONG

The past few trading sessions have witnessed a spurt in the volumes of this stock due to rumour of the company is now looking to enter the banking sector through the inorganic route. However, the company is already given a clarification on above news. Still, market sources suggest that accumulation of the stock is happening, with some big market participants involved in it. Therefore, stock may witness a good run in the northward direction in the near term.

ALOK INDUSTRIES | BSE CODE: 521070 | CMP: Rs. 11.87

TRADING GAINS

In the last few days, the stock’s prices have been beaten down. However, the volumes have remained on higher side. It is being heard that the company is being watched closely by some big market participants, who are working in a group to create a long positions in the stock after its recent fall. Market source suggest that the company is looking to restructure its debt. Therefore, the stock can be looked upon for short-term trading gains.

SHAKTI PUMPS (INDIA) | BSE CODE: 531431 | CMP: Rs. 253.40

PUMPING RETURNS

In the last few trading session, the stock have been moving upside with volume. According to market source, it will post good set of numbers of second quarter. During the last quarter the promoter increase its stake through conversion of 7.5 lakh warrants held by them into shares. One of the asset investment management firms is investing Rs. 45 crore the company through an issue of compulsory convertible preference shares. Therefore, it can be looked at for investment with a short-term horizon.