We are excited to bring to you a weekly column ‘MONEY TIMES TALK’ a very popular round up of stocks / equity markets (BSE / NSE) live news and updates and subtle recommendations from

> Videocon lenders may accept Vedanta’s offer to buy out the company. If it materializes, Videocon may soon become a part of the Vedanta group. Risk bearing investors may buy Videocon.

> An Ahmedabad analyst recommends to buy Amarjothi Spinnig, Astron Paper, Bannari Amman Spinning, Cochin Minerals, Conart Engineers, Damodar Ind, Eris Life, GTN Ind, Jayshree Tea, Kallam Spinning, Oriental Veneer, South India Paper (Sthinpa), Surana Telecom and Power (Suranat&P), Simran Farms, TPL Plastech And Vivio Bio Tech

> Cipla has settled its blood cancer drug patent litigation with US based Bristol Myers Squibb and may soon launch this drug after the ANDA approval. A big positive for the Company. Buy.

> Global markets lack microprocessors affecting production and sales of auto companies. Bosch, Varroc Engg., and Minda that import & make electric auto parts can be big beneficiaries.

> Canara Bank raised Rs. 2000 cr. via QIP by issuing 19.32 crore shares to eligible investors, including LIC, at Rs. 103.50. Buy.

> Graphite India and HEG are rising on expectations of a demand revival aided by higher steel production and lower inventories. Graphite electrodes prices are also hitting a 13-month high. Buy both these stocks.

> Maruti Suzuki intends to raise prices of its cars from Jan 2021. If costs remain under control, profits may rise. Add.

> Govt. has mandated PSUs to declare higher dividend and bonus subject to conditions. Add REC, PFC, ONGC and GAIL.

>Astral Polytechnik manufacturer and traders of plastic pipes, fittings and adhesives begins commercial production of water storage tanks in Aurangabad. Add.

> Ramco Systems has won new orders and signed large multi-million dollar deals in Europe, Asia and USA. Despite the rise in its share price, it is still a good buy. Add.

> Indusind Bank has very low NPAs and seeks to grow its loan book by 14% this year. It has a buffer NPA provision of Rs. 2150 cr. for Covid-19 related issues. This optimism points to higher profitability and stock price in the next few quarters. Buy.

> M&M plans to hike prices of passenger cars and commercial vehicles from January 2021 to offset the impact of rising input costs. Add.

> Biotechnology major, Biocon has inked a deal with CSSC in Tanzania to supply insulin at affordable cost. Add Biocon.

> Vedanta has already initiated talks to raise $ 8 bn from a clutch of banks to fund its bid for BPCL. Add Vedanta and BPCL.

> Global sugar prices are rising. India has about 6 MMT of excess sugar and there is a big push to enhance use of ethanol in petrol. Buy Dhampur Sugar.

> Majesco’s record breaking 19480% interim followed by Rs.34/share is part of its winding up process. Some more payout is likely a year later from the sale of real estate. Retain the residual value share for three months to avail of capital loss.

> Cyient has signed a pact with Perth-based Decipher to support the global rollout of a key cloud mining platform. A nice share to add for the long term.

> Kalpataru Power has bagged new EPC orders of Rs. 1300 cr. apart from existing orders of Rs. 4500 cr. and is favorably placed in projects worth another Rs. 3000 cr. Buy.

> Aarti Industries has been included in the F&O segment. This should boost volumes and stock prices. Buy.

> Asian Paints is reportedly ramping up production capacities again. This evergreen share deserves a place in every portfolio. Add.

> AB Fashions share was hit by the ongoing Covid pandemic. As most stores are operational and it has strategic tie-ups with Flipkart, the share is likely to regain its lost glory. Add.

> Samkrg Pistons & Rings, which exports 25% products and made a life-time high of Rs 379 on 15 Jan 2018, has notched Q2FY21 EPS of Rs 6.3 and could post FY21 EPS of Rs 18 given the revival in the auto sector. The share may cross the Rs 180 mark. Buy.

> RTS Power, which manufactures transformers, cables, conductors and galvanised steel wire at 8 plants across India, has notched 483% higher Q2FY21 net profit and is expected to maintain the FY21 EPS of Rs 12. A reasonable P/E of 7x can take its share price to Rs 84 in the medium term. Accumulate.

> Deccan Cements, manufacturer of a wide variety of cements conforming to BIS, British and ASTM standards and under expansion has posted H1FY21 EPS of Rs 43 and may post FY21 EPS of Rs 60+ on its small equity of Rs 7cr. The share can rise by over 30% in the medium-to-short term. Buy.

> Amarjothi Spinning, producer of a variety of Fibre Dyed melange yarns having 17.6 MW of wind power has posted Q2FY21 EPS of Rs 8.6 and Rs 9.7 in FY21and is expected to notch FY21 EPS of Rs 22 on its small equity of Rs 6.8 cr. The share may cross the Rs 150 mark. Accumulate.

> Sree Rayalseema Hypo Strength, manufacturer of organic and inorganic chemicals having a 10 MW power plant and 11.25 MW of wind power, posted Q2FY21 EPS of Rs 9.4, H1FY21 EPS of Rs 17.3, may notch FY21 EPS of Rs 35+.The share can fetch a decent gain in the medium term. A must for every portfolio.

> Battery and flashlights maker, Eveready Industries India, notched three-fold jump in Q2FY21 net profit of Rs 57.2 cr. helped by higher sales, better gross margin and lower operating costs. Recently, the Dabur promoters increased their stake to 20%. Buy for decent gains.

> Jindal Poly Films has approved the Rs.450 cr. expansion of its Biaxially-Oriented Poly Propylene (BOPP) Film Line and BOPP Capacitor Line and notched 53% higher Q2FY21 net profit and 65% higher H1FY21, which can lead to FY21 EPS of Rs 175. Buy for a gain of about 30%.

> Talbros Engineering, leading manufacturer of Axle Shafts for OEMs, servicing Passenger Vehicles Commercial Vehicles, Off-road and Tractor segments with its Light, Medium and Heavy-Duty axle shafts, is a strong company with a share book value of Rs 124. The revival in the auto sector will boost earnings going forward and may post FY21 EPS of Rs 20+. Buy.

> GRM Overseas, which exports over 85% of its branded rice has notched 287% higher EPS of Rs 56.8 in H1FY21 after reducing its debts by Rs 134 cr. in FY20. Going by the trend, it may post FY21 EPS of Rs 140. A reasonable P/E of 6x can take its share price to Rs 840. It is a strong bonus candidate too. Buy.

> Acrysil Ltd., which is a global supplier to IKEA will have an exclusive display store inside IKEA’s new store in Mumbai where-after its stock can get re-rated significantly. Buy for 50% appreciation.

> Burger King’s blockbuster IPO ended rather badly declining from Rs.220 level to Rs. 160. Any decline towards Rs.140 level, however, will provide a good opportunity to enter.

> The analyst who recommended Tanla Solutions at Rs.100 and found its nine bagger return at Rs.900 more than anticipated now recommends Cybertech Solutions and expects it to scale similar heights. A multi-bagger in the making.

> With Mrs. Bector’s Foods IPO listing in the coming days, it would be prudent to buy BBTC, the holding company. of Britannia for a quick 10-20 % gain.

> As forecast last week, Adani Power rose more than 10% last week. With the govt’s focus on the power sector, this scrip is expected to regain its all-time high of Rs.140+ level.

> Bombay Dyeing recommended last week rose over 15% and is expected to conquer its 52-week high. Hold on to the stock for good appreciation in the short to medium term.

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


  • EP News Service
    EP News Service

    Crisp, and to the point news coverage from India and around the world.

    View Reporter News

Related News