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
ROBUST VOLUMES
Balrampur Chini
BSE Code: 500038
CMP: Rs 68
Sugar stocks were buzzing on the bourses recently with robust volumes and, as per our sources, the government was looking to fix a floor price for sugar exfactory and an interest subsidy for sugar mills. One of the stocks which looks like a best bet at current level is Balrampur Chini. There is a buzz in the market that bull operators and HNIs are accumulating the scrip. You too can jump on to the bandwagon and hope to make some quick buck!
DECENT RESULTS
Mahindra Logistics
BSE Code: 540768
CMP: Rs 536
Logistics sector is expected to do well in coming quarters. Mahindra Logistics is one of India’s largest 3PL solutions providers in the Indian logistics industry. Mahindra Logistics has its operations in various industry verticals like Auto Engineering, Auto Outbound and Consumer & Pharma. The company reported decent results for quarter ended March 2018. Big investors are bullish on this scrip and expect it to spurt in the short term. Those willing to take some risk may buy the scrip for some decent gains.
FINANCIAL PERFORMANCE
Pidilite Industries
BSE Code: 500331
CMP: Rs 1084
Pidilite Industries is a consumer-centric company. For decades, the company has been pioneering products for small to large applications, at home and industry, which have forged strong bonds with people from all walks of life. Its products rage from adhesives, sealants, waterproofing solutions and construction chemicals to arts and crafts, industrial resins, polymers and more. It has brands like Fevicol, Dr. Fixit, Cyclo, Hobby Ideas, Roff and M-Seal. Our sources suggest that 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.
AND FINALLY
Hindustan Unilever
BSE Code: 500696
CMP: Rs 1565
Hindustan Unilever Limited is engaged in fast-moving consumer goods business comprising of segments such as home and personal care, foods and refreshments. In Q4FY18 all major segments registered solid double-digit growth with homecare/ personal care/refreshment/foods growing by 21%/13%/14%/10% respectively. Our sources suggest that the stock price is likely to continue its upward trajectory as rural and urban demand both are improving. Rural growth could pick up further in the forthcoming quarters on account of government measures and normal monsoon. Good stock to accumulate in times of high volatility.