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 

STRONG NUMBERS 

Indian Hume Pipe 

BSE Code: 504741
CMP: Rs 310 

The company engage in manufacturing, laying and jointing of pipelines of various pipe materials such as RCC pipes, steel pipes, pre-stressed concrete pipes, penstock pipes, bar wrapped steel cylinder pipes (BWSC), prestressed concrete cylinder pipes (PCCP) etc., which provide infrastructure facility and development for drinking water supply projects, irrigation projects, hydroelectric projects. Recently, the stock has witnessed sharp jump in the price along with substantial rise in volumes. 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! 

GROWTH MOMENTUM 

Colgate-Palmolive (India) 

BSE Code: 500830
CMP: Rs 1160 

Colgate is engaged in the personal care and oral care business. Its aggressive efforts in the market have brought about an upswing in the overall growth momentum, resulting in a volume growth of 7 per cent in the second quarter. Colgate Swarna Vedshakti, a premium toothpaste in the natural segment, continues to perform extremely well. The company continues its leadership positions in the toothpaste category with a market share of 52.5 per cent in volume (Apr-Sep’18) and in the toothbrush category with a volume market share of 44.2 per cent (Apr-Sept’18). The stock has a long way to go. 

STRONG BUYING 

Kalpataru Power Transmission 

BSE Code: 522287
CMP: Rs 363.15 

Kalpataru Power Transmission is one of the largest and fastest growing specialized EPC companies in India engaged in power transmission and distribution, oil & gas pipeline, railways, infrastructure development, civil contracting and warehousing & logistics business with a strong international presence in power transmission & distribution. 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.. 

United Breweries 

BSE Code: 532478
CMP: Rs 1290 

The company reported a strong set of quarterly numbers and surprised market participants. The volumes grew by a healthy 17 per cent YoY, while industry grew at 14 per cent. EBITDA and PAT registered growth of about 43.4 per cent and 74.5 per cent YoY, respectively. The management attributed the good results to strong volumes and pricing growth, favourable mix and fixed costs efficiencies. In the management conference call, the management guided that the underlying volume growth is likely to remain healthy. Non-alcoholic beer (Kingfisher Radler) launched in Gujarat and Karnataka in October has seen good initial response. The management believes that there is likely to be a growth opportunity in this category. The company’s consistent outperformance, market share gains and solid execution on new launches makes the stock a perfect buy candidate