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

VOLUME GROWTH 

Bajaj Auto
BSE Code: 532977
CMP: Rs2,851.50 

Bajaj Auto, the flagship of the Bajaj group, is the world’s third largest manufacturer of motorcycles and the largest manufacturer of three-wheelers. The company reported a decent set of volume growth in the industry over the past couple of months. In January 2019, its sales were up by 15 per cent. There are whispers on the street that the company may come out with decent set of sales numbers for the month of February 2019, hence, smart investors are already seen accumulating the stock. The management expects the company’s ongoing strong momentum in domestic motorcycle segment to continue in FY20 as well due to new product launches, coupled with its own thrust on market share. 

BOUNCE BACK 

Divis Laboratories
BSE Code: 532488
CMP: Rs1619.70 

Recently, the stock came under hammering as news broke out about Income Tax Department conducting search at the company’s head office. However, in a recent update, the search operation has been concluded on February 18, and as per company notification, no irregularities have been found. Technically, the stock is ripe for a quick bounce-back and witness a retest of the breakout. Traders can take exposure in this scrip for some trading gains. 

GST BENEFIT 

Sobha
BSE Code: 532784
CMP: Rs430.75 

The realty sector has got a booster shot with Goods and Service Tax (GST) Council deciding to slash rates on underconstruction apartments or project to 5 per cent from the existing 12 per cent and GST rates on affordable housing to 1 per cent from the current 8 per cent. With this major development, one can look to buy Sobha. Risk-takers can go for this scrip and hope to make some quick buck. 

AND FINALLY.. 

Dalmia Bharat Sugar and Industries
BSE Code: 500097
CMP: Rs116.85 

The Company is engaged in the manufacture of sugar, generation of power, and manufacturing of industrial alcohol and refractory products. The stocks of sugar sector have been buzzing lately on the bourses. The stock of Dalmia Bharat Sugar and Industries has a decent technical set-up. Also, there is a buzz in the market that bull operators and HNIs are accumulating the scrip. You too can jump onto the bandwagon and hope to make some quick buck!