Informed Intelligence

ENERGY RUSH

BGR ENERGY SYSTEMS

BSE CODE: 532930
CMP: Rs 291
Volume: 150496

A significant spurt in volumes has been recently observed in this counter. It is heard that a big market speculator has been taking a keen interest in the company, and is looking to buy a significant stake in it. Market sources suggest that fund houses and big market participants are creating long positions in the stock on the basis of this market rumour, and are staying in it to see the developments in the counter as it progresses further. One can look to buy this stock from a short-term perspective.

GROWTH TRACK

JAIPRAKASH ASSOCIATES

BSE CODE: 532532
CMP: Rs 69.75
Volume: 1589530

This stock has been moving up and down within a range for some time now. There has been good accumulation of the stock over the past one week, which is quite evident from the volumes in the counter. Our sources suggest that some large institutions are taking a keen interest in the stock, and have been accumulating it during the last fortnight in anticipation of some positive news. The stock is likely to witness an upward move in the short term.

WELL ENGINEERED

IVRCL

BSE CODE: 530773
CMP: Rs 49.40
Volume: 2231175

The recent volumes in the counter are much higher as compared to its two-week average volumes. Market sources suggest that the stock may move up in the very near term, as largely positive announcements from the company are expected shortly. It is also heard that some FIIs have bought a large quantity of shares, and are pretty bullish on this counter. One of the large domestic fund houses is also taking a keen interest in the stock, and has been accumulating it for quite some time now. The stock can be looked at for trading gains in the short term.

VOLTAGE SPIKE

POWER FINANCE CORPORATION

BSE CODE: 532810
CMP: Rs 169.65
Volume: 541584

The stock has witnessed good volumes in the past few trading sessions and has surpassed the two-week average quantity traded. There is a strong market buzz that it is likely to witness a good northward move in the near term, which has seen some big market participants and HNIs take long positions in it. The company may come out with some positive announcement in the near future. The stock can be looked at for short-term trading purposes.