Informed Intelligence

A POTENT PRESCRIPTION

CADILA HEALTHCARE

BSE Code: 532321
CMP: Rs 658
Volume: 9425

In a recent update, the company has received final approval for its Lansoprazole DR capsules from the USFDA. The total market size for the drug is USD 501 million. The stocks have reacted positively, with better volumes in the past few trading sessions. The market is expecting another such approval for the company from the USFDA. Some big HNIs have already taken good positions in the stock and seem to be in no mood of selling it in intraday trading. One can look at the stock from a short-term trading perspective.

BUILDING WELL

IDFC

BSE Code: 532659
CMP: Rs 100
Volume: 1147873

It is heard that a group of investors has become active and are accumulating the stock in good quantities. This is clear from the volumes it has been witnessing in the recent past. There is a strong buzz in the market that the stock may witness a significant rally going forward in a very short term. Our market sources suggest that large market participants are taking a keen interest in the stock. One can look at the stock for short-term trading gains.

TECH-NICALLY STRONG

HCL TECHNOLOGIES

BSE Code: 532281
CMP: Rs 884
Volume: 70881

The stock has been witnessing better volumes in the last few trading sessions and has remained one of the favourite counters among traders in the last week. According to market sources, the stock is likely to witness a further upward move from its current levels. Domestic fund houses and large market participants have entered the stock and expect some positive announcement from the company in the near future. Therefore, this stock can be looked upon for short-term trading gains.

A POWERFUL BET

POWER GRID CORPORATION OF INDIA

BSE Code: 532898
CMP: Rs 97.55 
Volume: 844679

The stock has been witnessing range-bound movement for the past few trading sessions. It has been heard on the streets that one of the largest domestic institutions is taking a keen interest in the stock. The stock has been witnessing a rise in its trading volumes for the past few trading sessions. Market participants suggest that the stock is likely to witness a good run-up soon. One can consider investing in this counter from a short-term trading perspective.