Kerbside

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 

JUMP IN PROFITS 

Shakti Pumps
BSE Code: 531431
CMP: Rs 652 

Shakti Pumps is a pioneer in the manufacture of energy-efficient stainless steel pumps and motors. Its state-of-theart technology, high-tech processes and innovative designs have enabled the company to carve a niche for itself in the market. So far in the calendar year 2018, the stock has surged about 50 per cent. The company reported more than four-fold jump in its consolidated net profit at Rs 167 million in October-December quarter (Q3FY18). Its EBITDA margin improved to 21.17 per cent in Q3FY18 from 15.4% in Q3FY17. For the first nine months of the financial year 2017-18, the company’s net profit more than doubled to Rs 245 million, as against Rs 107 million in the same period last fiscal. The stock has potential to rise further. 

BPO OPERATIONS 

Datamatics Global Services
BSE Code: 532528
CMP: Rs 121 

Datamatics is a global provider of information Technology, data management, business process management and consulting services to several Fortune 500 companies. The step-down subsidiary of the company has acquired 75 per cent stake in RJ Globus Solutions, a voice-based BPO company in Philippines, to strengthen its BPO offering to meet the growing demands of customers. This step will give the company opportunity to deepen its existing customer relationships and also build new ones. This big booster may push up its share price. 

LOWER PRICING STRATEGY 

ZEEL
BSE Code: 505537
CMP: Rs 575 

Zee Entertainment Enterprises operates through content and broadcasting segment. A couple of months back, the company unveiled a new Indian OTT platform, ZEE5, with a content library of 100,000 hours, including exclusive originals, movies, live TV and TV shows across 12 languages. Our sources believe ZEE5 has the ability to grab the attention of semi-urban/rural Hindi and regional viewers as it is a leading content provider and has a lower pricing strategy for its OTT platform. The stock looks eminently poised for a good upmove. 

AND FINALLY.. 

L&T
BSE Code: 500510
CMP: Rs 1,348.55 

L&T is a major technology, engineering, construction, manufacturing and financial services conglomerate, with global operations. It addresses critical needs in key sectors, including infrastructure, construction, hydrocarbon, power, defence and aerospace. Its Q3 order inflow grew by 38 per cent on a YoY basis. This was partly on account of release of orders after GST settling in and it also saw momentum in tendering activity led by the B&F, roads and T&D, hydrocarbons, water and power generation segments. Looking at the huge order book and expecting new order inflows from the government as the latter is looking to spend on infrastructure. The stock could provide decent returns in the short-medium term.