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Weekly ‘MONEY TIMES TALK’

Weekly column ‘MONEY TIMES TALK’ is a very popular round-up of stocks/equity markets (BSE / NSE) live news and updates and subtle recommendations from Moneytimes.in

> Tata Steel BSL, formerly Bhushan Steel, posted a turnaround Q3 and announced a Rs. 2600 cr. expansion. Its rising volumes on the back of higher demand will propel faster growth. The old days of glory are a few quarters away. Buy.


> Flex Food offers a wide range of frozen spices, herbal foods, pickles and many other foods, is ramping capacities to meet the rising export demand. Its small equity of Rs. 12.45 cr. is backed by reserves of around Rs 88 cr. A good buy around its book value.

> Crop protection and animal feeds major, Godrej Agrovet is available near its IPO price. Its dairy business is also like to contribute to the profits this year. Add.

> An Ahmedabad based analyst considers Andhra Petro, Cheviot Ltd., Gee Ltd., Haldyn Glass, Hindustan Tin Works, Pioneer Embroideries, Rubfila International, Samkrg Pistons, Samrat Pharma, Shilp Gravures, Vikram Thermo and Kovilapatti Lakshmi Roller Flour Mills (KLRFM) as potential multi-baggers of 2021-22.

> RIL is likely to launch its 5G Ready affordable Android smart phones in the next six months. This will woo consumers to shift to the Jio platform. A big booster for RIL. Start accumulating now before it is too late.

> Voltas is harping on an expected double-digit growth in the AC sales, on account of a buoyant summer. Add.

> India’s largest agrochemicals stock, UPL, is witnessing a sharp recovery in the post pandemic relaxation. The company is on track to report a 9-10% jump in volumes annually over the next three years. Buy.

> Batliboi & Co. an erstwhile engineering giant, shows signs of strength and rumours of a bounce back abound. Risk bearing investors may take a calculated bet.

> Mindtree has a multiyear agreement with Knauf, a global manufacturer of building materials and construction system, to drive its IT transformation initiatives. Its Q3 net rose nearly 29% to Rs 326.5 cr. on 5% higher revenue around Rs. 2023 cr. A good share to add.

> M&M Defence Systems to supply 1300 Light Specialist Vehicles for the Indian Army worth around Rs. 10460 cr. The order will be executed over a period of 4 yrs. Buy M&M.

> Jubilant Ingrevia a global integrated life science products and innovative solutions provider, reported that ace investor Rakesh Jhunjhunwalla and associates have picked up 3,04,000 shares in it. This support may help boost its share price.

> Escorts has decided to hike tractor prices from next month. The share is poised to rise further. Buy.

> Adani Green has entered into an agreement with Shapoorji Pallonji group company Sterling Wilson, to acquire their 75 mw solar asset for Rs. 446 cr. Add.

> Three wheeler major, Atul Auto, which reported losses for the first time in 45 quarters last year due to the Covid pandemic, is pinning hopes on its new Ahmedabad unit and new product portfolio. The company can bounce back. Add selectively.

> Maruti is planning to hike product prices for the second time in this quarter. The improving demand push will boost profitability too. Add.

> JSW Energy is planning a $ 1 bn overseas bond issue for its clean energy business. Buy.

> Kirloskar Ferrous has signed a 50 year mining lease with the Karnataka government. In Q3, it posted 98% profit jump to Rs. 12.84 cr. on the back of rising demand. Add.

> The commercial operations of Pokarna’s second quartz surface plant has commenced. Its sinks, basins etc. are exported globally. A lucrative investment opportunity.

> BEML’s privatisation has attracted multiple bidders. This defence major may rally on aggressive bidding. Start accumulating now.

> To garner funds from privatisation, the Govt. presents a rosy picture of listed PSUs REC and PFC, which have already paid high dividends, can be bought in anticipation of bonus shares.

> The Defence ministry is set to acquire 12 indigenous Light helicopters from HAL given their excellent performance at high altitudes at the Chinese border. More orders to follow later. Add HAL.

> SAIL seems to be the best play on rising steel prices as it is available at a cheaper valuation than its peers. Moreover, steel majors are planning a price hike. Buy SAIL.

> Goldiam International has a market cap of Rs 740 cr. with Rs 250 cr. cash on the books. It recorded the highest quarterly profit of Rs 44 cr. in Q3FY21 as sales grew around 18%. The Diamond market is faring well globally. Buy with a target of Rs 430.

> Dhampur Sugar has a market cap of Rs1200 cr. with dividend yield of 3.3%. This UP sugar mill has a crushing capacity of 45500 tonnes cane per day and 400 kilo litre per day. The Sugar industry is on the cusp of structural dynamics as ethanol production will support the volatility of sugar earnings going ahead. Buy with a target of Rs 250.

> Zee Entertainment’s corporate structure change is likely, which can trigger an upside to the stock.

> Cigniti Technologies serving 200+ industry clients including 50+ Fortune 500 customers across 13 countries with diversified verticals posted Q3 EPS of Rs 9.5 and 9MFY21 EPS of Rs 29 is all set to garner an EPS of Rs 42 in FY21. Buy for 25% appreciation.

> LIC Housing Finance’s investments in housing projects for the long-term will generate stakeholder value across States and contribute to the economic growth of the country. It is expected to notch an EPS of Rs 62 on its equity capital of Rs 100.9 cr. in FY21. Buy.

> Buy Avantel Ltd for decent gains in the medium-to-short term on new defence initiatives by the govt. It garnered 70% higher Q3 EPS of Rs 12.3 and 46% higher 9MFY21 EPS of Rs 24, which could lead to FY21 EPS of Rs 36. The share is poised to cross the Rs 500 mark. Buy.

> Saksoft Ltd engaged in the business of IT software and services has posted Q3 EPS of Rs 12 and 9MFY21 EPS of Rs 33, which could lead to FY21 EPS of Rs 44. A conservative P/E of even 10.5x can take its share price to Rs 462 in the medium term. Buy.

> Maan Aluminium, manufacturer and exporter of Aluminium extruded products, is expected to post FY21 EPS of Rs 18 on its small equity of Rs 6.7 cr. The share is expected to cross the Rs 180 mark at a forward P/E of 10x. Accumulate.

> Apar Industries has notched 125% higher Q3 EPS of Rs 21.6 and is expected to post FY21 EPS of Rs 50. The Rs 1.8 lakh cr. investment over FY21-FY25 in power transmission and Railway electrification augurs well for it. This share, which made a life-time high of Rs 909 on 31 May 2017, is expected to touch Rs 600 at a forward P/E of 12x in the medium term. Buy.

> Mangalam Cement, a BK Birla group company, with 5 MMTPA capacity and 17.5 MW power plant and 13.65 MW of wind power has notched 200% higher Q3 EPS of Rs 14 and 9MFY21 EPS of Rs 27.2. Going by the strong demand for cement, it may post FY21 EPS of Rs 40. A reasonable P/E of 10x can take its share price to Rs 400 in the medium term. Buy.

> Ineos Styrolutions India has notched Q3 EPS of Rs 58.6 and 9MFY21 EPS of Rs 67.6. With robust demand from all sectors and ruling high prices of styrenes with strong margins could lead to an EPS of Rs 125 in FY21, which would further rise to Rs 170 in FY22. Buy for handsome gains.

> Shilp Gravures, the pioneer and leader in Electro-Mechanical Engraving, which is a precision technology, has garnered 404% higher Q3 EPS of Rs 7.2 and 320% higher 9MFY21 EPS of Rs 14.3, which could take its FY21 EPS to Rs 20 on its small equity of Rs 6.1 cr. The share, which made a life-time of Rs 180 on 11 Oct 2021, is expected to advance by 50%. Buy.

> Swelect Energy Systems, the leading Solar Power Systems Company with a strong global presence in the energy market, has reported 321% higher Q3 EPS of Rs 5.9 and 550% higher 9MFY21 EPS of Rs 20 and a share book value of Rs 472. A reasonable P/E of 12x can take its share price to Rs 336 mark on a likely EPS of Rs 28 in FY21. Buy.

> Welspun Corp, a US$ 2.7 billion enterprise having overseas customers, is expected to notch an EPS of Rs 25 in FY21. The share is expected to fetch a decent gain of 30%. Accumulate.

> Triveni Engineering with 7 sugar mills, 6 co-generation units (103 MW) and 1 distillery spread at 8 locations across UP has posted 109% higherQ3 EPS of Rs 3.9, which could lead to FY21 EPS of Rs 14. It also manufactures high-speed & low-speed gears and gearboxes for defence and is also into water & wastewater treatment solutions. Buy for 30% appreciation.

Disclaimer: The views and investment tips expressed by investment experts on Moneytimes.in are their own; however ExpresPost.in does not guarantee the accuracy, adequacy or completeness of any information. Readers are advised to check with certified experts before taking any investment decision.



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