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 

BACK IN ACTION

DLF

BSE Code : 532868
CMP : Rs280.45

The Nifty Realty index has jumped nearly 8 per cent so far in January 2021 to date in comparison with a rise of 4 per cent in the Nifty 50 index. Many of the stocks from the realty sector are surging on back of huge volume and one of the favourite stocks in this space is DLF. Recently, Jefferies India has raised the target of DLF as it believes that the realty firm would be benefited from a lack of competition in home territory i.e. National Capital Region (NCR), which has seen several large developers going bankrupt over the past five years. With investors and end-users getting back into action, this stock could take your portfolio to new heights.

BLACK GOLD

Coal India

BSE Code: 533278
CMP: Rs145.75

The stock of Coal India has gained nearly 7 per cent in the last three trading sessions and on Tuesday alone the stock has gained nearly 3.5 per cent after Union Minister Amit Shah said that the coal sector would play a key role in achieving the target of a USD 5 trillion economy. With the stock trading at a very decent valuation and having been a big underperformer over the last couple of years, this statement could spark big interest in the coming days. Hence, we believe this is a perfect time buy this stock.

PUMPING PROFITS


KSB
BSE Code : 500249
CMP : Rs 651.45

KSB in India is one of the world’s leading manufacturers of pumps and valves and also offers a comprehensive range of service activities. From a technical standpoint the stock is currently comfortably placed above its key moving averages. Also, the stock has broken out of a decent base from its weekly chart and is meeting most of the criteria of the CANSLIM method. On Tuesday, the stock recorded robust volume along with price rise which indicates buying interest in the stock. Those with high risk appetite can take their bets on this stock to make some quick gains.

A DARK HORSE



Hindustan Composites

BSE Code : 509635
CMP : Rs363.90

Hindustan Composites Limited has pioneered the development, manufacture and marketing of friction materials in India comprising brake lining, clutch facing, disc brake pad, roll lining, brake block, etc., setting high standards in quality and technology through collaborations and in-house research and development since the past 50 years. Composites with a wide range of products suitable for a number of general and specialised applications cater to the diversified needs of core sector industries such as automotive, railways, engineering, mining, aerospace, steel, chemical, oil exploration, etc. As per our sources, a leading investor has been accumulating this stock, clearly visible from the huge jump in the daily volumes. Further, the stock is under-owned by institutions and we could see some institutions getting into action soon. Hence, this could be a dark horse.
(Closing price as of Jan 13, 2021)