Weekly ‘MONEY TIMES TALK’
- EP News Service
- Jun 28, 2021
> Rumours are the flavour of power circles and stock markets.
The latest is that Piyush Goyal will be the new Finance Minister and
Jyotiraditya Scindia to take over the Railways. Marwadi circles are already
betting on the Bank Nifty touching 38000!
> DCM Shriram Industries recommended at Rs 280 three weeks back is now Rs 420.
> BN Rathi Securities recommended at Rs 30 two weeks back is now at Rs 39.
> Reliance Industries to infuse Rs. 75000 cr. into the clean
energy business. The induction of Aramco chairman on its board signals its
commitment to energy. Although the market did not respond to its 44th AGM
announcements, this share must be held.
> A Gujarat based analyst recommends to buy Alphageo cum 80% dividend, Aro Granite, D-Link India, JSW Ispat Special Products, Lambodhara Textiles cum 20% dividend, MNC Panasonic Energy India cum 80% dividend, Samkrg Pistons cum 50% dividend, Sakthi Finance, Skipper Ltd.,Sona BLW (sonacoms), UFO Moviez India and Voltamp Transformers cum 250% dividend.
> RTN Power is working almost at full capacity and its overdue loans have been restructured. It is now expected to make rapid strides. Buy.
> After Money Times recommended footwear major Khadim, the share price has taken a big jump and is slated to go up further. Add.
> JSW Cement has forayed into ready-mix concrete (RMC) business which has a growing demand. Add.
> 5G traction will boost Tech Mahindras’ order book. The share may jump around 30% in a short time. Accumulate.
> Eldeco Housing posted a super FY21 EPS of Rs. 275.5 v/s Rs.
199.22, which makes it an excellent buy. Its small equity is the cherry in the
cake. (CMP: Rs. 2800)
> Ashok Leyland posted good Q4 results but ended FY21 in a
loss. The Q4 results signal a sharp turnaround. Add gradually.
> PIL Italica, formerly Peacock Industries, plans to expand to the 5 southern states by setting up, acquiring or leasing plastic injection moulding facilities to enhance production by 3600 TPA.
> Home furnishing industry is on a roll because of the huge demand from USA. Welspun India & Himatsingka Seide can be considered for investment after due study of the stocks.
> TV ad revenue is on the rise. Sun TV Network may shine. Buy.
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