Kerbside

Kiran Dhawale

The recommendations provided in this column are taken from various market sources such as brokers, analysts, dealers and investment strategists, etc. These recommendations may not be backed by strong fundamentals. Therefore we advise readers to use their own discretion before investing in these recommendation 

RECORD SALES 

Mahindra and Mahindra
BSE Code: 500520
CMP: Rs729 

Auto-maker Mahindra and Mahindra hopes to finish the financial year with a record sale of medium and heavy duty trucks. It intends to deliver 10,000 units by the end of this fiscal, the most noteworthy since the organisation entered the heavy duty segment a decade ago. The company is also betting on yet another niche offering to make deeper inroads into the US. The ROXOR, an off-road sports utility vehicle that the company unveiled in Detroit, Michigan, could well be the automaker’s entry ticket into the world’s most competitive and demanding auto market. The stock has both short-term gain catalysts and long-term growth potential 

BREXIT OPPORTUNITIES 

Mastek
BSE Code: 523704
CMP: Rs556.35 

Mastek is an information technology solutions provider. The company’s portfolio includes application development, digital commerce, application support and maintenance, BI and analytics, agile consulting and assurance and testing. The demand environment has improved in the two key markets that the company operates in, namely, the UK and the US. Brexit has thrown up a slew of opportunities for Mastek because it has led to creation of possibly more than 30 departments within the UK government and a great deal of them require IT bolster. A good stock to accumulate. 

SURGE IN DEMAND

Voltas 
BSE Code: 500575
CMP: Rs640.45 

The early onset of summer and the Indian Meteorological Department’s recent forecast of an average 1.3 degree Celsius above-normal temperature prevailing in the March-June summer months, bodes well for the company. As Indians gets ready to face the scorching summer heat, air-conditioner and air cooler companies are expected to have a dream run on the exchanges following a surge in demand. Our sources recommend that the Tata-owned Voltas, the market pioneer in room ACs in India with a good distribution network, may provide handsome returns to short-term traders.

AND FINALLY. 

Aarti Industries
BSE Code: 524208
CMP: Rs1190 

Aarti Industries is one of the most competitive benzene-based specialty chemical companies in the world. We believe there are multiple drivers for Aarti Industries. The company hopes to end the year with an enhanced performance over the previous year, driven by volume growth in specialty chemicals and sustained momentum in pharmaceuticals. Further, the organisation is sure of accomplishing double digit revenue growth from FY19. The company secured multi-year exclusive supply contract with a leading global chemical conglomerate worth Rs10,000 crore, which provides revenue visibility. The company is poised for good times. 

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