Informed Intelligence

REWARDING SOLUTIONS

KPIT CUMMINS INFOSYSTEMS | BSE Code: 532400 | CMP: Rs 107.60 | Volume: 18000

The stock is witnessing good buying interest over the last few sessions and as per the market buzz, it is expected to see better price performance going ahead. It is heard that some big market participants and some of the large domestic fund houses have taken long positions in the stock and are expecting the stock to move in the northward direction. In the last three quarters, FIIs have substantially increased their stake substantially, which is also a positive trigger. The stock can be looked at from a short-term trading perspective.

PROVING ITS METTLE

HINDUSTAN ZINC | BSE Code: 500188 | CMP: Rs 121 | Volume: 17000

The stock has been able to garner much interest after posting better results for the concluding quarter of the last fiscal. There has been better accumulation on the stock and it is heard that there is still some steam left in the counter in the short term. Market sources suggest that not only domestic fund houses but many renowned HNIs and some FIIs have also accumulated the stock and are watching the counter closely. Investors with a high risk appetite can enter the stock to make some short-term gains.

GAINING STRENGTH

AMBUJA CEMENTS | BSE Code: 500425 | CMP: Rs 185 | Volume: 258000

If we go by the movement in the counter, it is clear that the stock has been moving up and down in the same range for a period of time. There has been good accumulation in the stock for the past one week, and the volumes in the counter make that quite evident. Our sources suggest that some large institutions are taking a keen interest in the stock and have been accumulating it in the last fortnight. The stock is likely to witness an upward move in the short term.

HIGH TECH

HEXAWARE TECHNOLOGIES | BSE Code: 532129 | CMP: Rs 83.50 | Volume: 188000

The stock has been moving in a range for the last one week and the volumes have seen a bit of an uptick in the last couple of trading sessions. The stock has caught the eye of various investors, who have created long positions in the stock and are holding on to it. As far as the market sources suggest, the company is likely to reward its investors shortly. Therefore, this stock can be an ideal candidate for making short term-trading gains.