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 

BUYING INTEREST 

Bajaj Holdings and Investment 
BSE Code: 500490 
CMP: Rs 3,116 

Bajaj Holdings and Investment holds Bajaj Group’s investments in two flagship companies - Bajaj Auto Limited (31.54 per cent stake) and Bajaj Finserv (39.29 per cent stake). The company also has an investment portfolio with a market value of Rs 7,368 crore in other equity and fixed income securities as of quarter ending December 2017. The volumes are on a higher side and the stock has been witnessing good buying interest over the past few trading sessions. It is expected to show a better price performance going head. According to market sources, it is heard that some big market participants have taken long positions in the stock and are expecting it to move in the northward direction. 



LANDMARK PROJECTS 

NBCC
BSE Code: 534309
CMP: Rs 83.40
 

NBCC is a Navratna PSU engaged in the business of project management consultancy (PMC), real estate and EPC. PMC and redevelopment comprises 87 per cent, real estate and EPC forms 13 per cent of the company’s order book. Through PMC, the company has been executing many landmark projects. With a massive plan to expand the roads network, the investors can look at this stock which looks set to benefit the most.This stock has a potential to appreciate in the short-medium term. 

IMPROVED PRODUCT MIX 

Bata India 
BSE Code: 500043 
CMP: Rs 843.35 

Bata, a household name in India that reigned over both Indian feet and heart, drives its 70 per cent revenue from the men’s and kids’ segment and the balance from women’s segment. The company is taking necessary initiative to improve its product mix, focusing to increase premium products sales and targeting to increase women’s segment to 40 per cent over the next three years. This is likely to keep the company on the growth trajectory and lead to margin expansion in the years to come. Handsome gains on the cards for this stock. 

AND FINALLY.. 

Bandhan Bank 
BSE Code: 541153 
CMP: Rs 538.85

Bandhan Bank, with 13-14 per cent market share, operates 936 branches with 460 ATMs and 2,764 dedicated doorstep services centres (DSCs) comprising a total of 3,700 banking outlets. The bank proposes to raise its distribution network to 4,000 banking outlets by March 2019, consisting of 1,000 branches and 3,000 DSCs. Bandhan MFI has proven its resilience in spite of several industry-disruptive happenings over the past 12-18 months. The bank expects to sustain strong loan growth in the micro-finance segment in FY2019. As per the bank, the forecast of better southwest monsoon in 2018 and better GDP growth outlook raises hopes for higher credit demand. A good stock to accumulate. 


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