Kerbside
BRIGHT FUTURE
FUTURE RETAIL | BSE CODE: 523574 | CMP: Rs.93 | Volume: 478873
The stock has seen good buying interest in the past few sessions and the stock is climbing upwards from the lower level and is expected to register a better price performance going ahead. The company announced rights issue of Rs 1600 crore which will open on 15 January 2015 and close on 29 January 2015. The stock can be looked at from a short-term trading perspective.
HEALTHY GAINS
OPTO CIRCUITS | BSE CODE: 532391 | CMP: Rs.22 | Volume: 379530
This stock has been under-performer for long time now. However, buying interest has emerged in the counter in the past few sessions and is expected to register a better price appreciation going ahead. Cabinet is considering easing of FDI policy for medical devices sector so as to attract more investments and boost domestic manufacturing which is positive trigger for the stock. India imports about 70 per cent of its requirement of medical devices and the industry size in the country is about USD 7 billion.
CEMENTING PROFIT
INDIA CEMENT | BSE CODE: 530005 | CMP: Rs.80 | Volume: 596936
The stock has come into focus among the market participants and has been witnessing good volumes in the past few trading sessions. India Cements, which owns Chennai Super Kings, approved a proposal to de-merge the BCCI-IPL franchise into a separate subsidiary and the effective date of transfer will be January 1, 2015, subject to necessary approvals. It can be looked upon for gains in the near term.
CHARGED WELL
EXIDE | BSE CODE: 500086 | CMP: Rs.169 | Volume: 110570
The stock has been witnessing range-bound movement for the past few trading sessions while the market participants are accumulating position. Cabinet approved ordinance on Coal and Insurance Bill therefore the company has caught the attention of many investors and one can take short-term long position in the counter.