Kerbside

Sagar Bhosale
/ Categories: Informed Intelligence
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
OPERATING PERFORMANCE

Inox leisure
BSE Code: 532706
CMP: Rs 291 

Inox Leisure reported betterthan-expected operating performance. The Q4FY18 advertisement revenue surprised positively as company clocked growth of about 59% YoY and delivered 44% growth for FY18. The management expects the momentum to continue with an increase in ad revenues per screen and realisation per minute. Additionally, the content pipeline remains booming with likely releases of big budget movies such as Sanju, Race 3, 2.0, Zero, Thugs of Hindostan, etc. This would lead to upsurge in the stock price. A good buy.

BUSINESS TRANSFORMATION

Sonata Software 
BSE Code: 532221
CMP: Rs 364

Sonata Software is a global IT solutions firm focused on catalysing business transformation initiatives of its clients through deep domain knowledge, technology expertise and customer commitment. The company delivers innovative solutions for travel, retail & distribution and software product companies through IP based platforms, products and services. The company is expected to post strong financial performance in the current quarter, which can take the stock price to another level. Investors with medium term view can buy this stock.

DEBT -FREE

DLF 
BSE Code: 532868 
CMP: Rs 220.50

As per our sources, India’s largest property developer DLF could be the dark horse in the market with its plans to get debt-free by March 2019. The sale of stake to GIC and the turnaround in its residential realty business should also be positive. Market gossip has it that this scrip is headed northwards on strong buying by bull operators. Those with high risk appetite can take their bets on this scrip to make some quick gains.

AND FINALLY..

KEI Industries
BSE Code: 517569
CMP: Rs 437 

 

KEI Industries is ranked among the top three cable manufacturing companies in India. Being largely in the B2B category, the product profile includes extra high voltage (EHV) cable, high and medium (HV/MV) voltage cables, low tension (LT) cables, speciality cables, winding/flexible and house wires and stainless steel wires, etc The healthy order book position of the company in the EPC business given the GoI’s focus on electrification under schemes such as Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) and Integrated Power Development Scheme (IPDS) is expected to translate into adequate revenue visibility going forward. There is a buzz in the market that bull operators and HNIs are accumulating the scrip. 

 

 
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