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 Money Times.

As per a veteran, the market, despite the sharp bounce back in the Nifty, Sensex & Bank Nifty, there is no charm or no up movement in most of the cash stocks because most of operator & punters are inactive till March end and are likely to become active only in April. Those who are already stuck at higher prices will not be able to participate due to low confidence and as their funds have been blocked. So those having cash and courage should take advantage to buy good cash stocks during this month-end. Apart from these, there is FTSE re-balancing & switch of $230 billion from bonds to equity globally. Buying growth-oriented cash stocks will still give massive returns in the next 1 to 3 years. Hence select your bets accordingly.

Vedanta has strong plans to invest $ 4 billion in oil hunt on the back of demand outstripping supply and rising crude prices. An excellent long term bet at current rates.

The RBI curb on Paytm on opening new accounts and IT audits can accelerate its share price fall. Sell and stay away from One97 Communications (PayTM). Money Times had repeatedly cautioned investors to sell and stay away from this counter.

SAIL has declared a second interim dividend of Rs. 2.50/ share in addition to the first interim of Rs. 4/ share. At current rates, the Company is grossly undervalued. Accumulate.

To reduce dependence on PSUs, the Defence Ministry has rolled out major incentives for private manufacturers. Buy Sika Interplant and MTAR at these lucrative prices.

Spot coal prices are hitting multi-year highs on the back of high demand and hoarding of this commodity. Buy Coal India.

Writing tomorrow’s success story today, Birla Cable is set to storm the 5G market. The company is geared up to meet competition. Buy.

The sugar story is again catching up. Huge volumes and rising prices are an indication of better times. Buy Rana Sugar.

With Russia putting an embargo on fertilizer exports, Rama Phosphates will prosper. Buy.

Reliance Industries has bought the entire stake in US-based battery company Lithium Werks for $ 61mn. A big positive for RIL. Add.

IOC is buying Russian crude at high discounted rates on Rupee/Rouble payments. A big positive for the Company. Add.

In these times of market turmoil, Polyplex hit a 52-week high of Rs. 2155. There is definitely some pleasant news in the offing for investors. Add.

With Sameer Ghelaut ceasing to be a promoter of Indiabulls Housing, sentiments are slated to change. Buy it at every decline for a horizon of one year.

Cosmo Films may post FY22 EPS of Rs. 200+ Apart from being a bonus candidate, it is planning to hive off its pet care and wellness business and list them separately. The sudden spurt in its stock price portends such events are near. Buy.

Suryalaxmi Coton’s share price was strangulated because of the market downfall. The Company is expected to report bumper profits for this year. Buy before the price recoups again.

HCC has bagged an Rs. 609 cr. Nokha water supply project in Rajasthan to provide drinking water to 154 villages. A good long term haul at this low price.

Happiest Minds in collaboration to develop, deploy, and manage omnichannel enterprise applications run in the cloud, on-premise, or hybrid environments. Positive for the Company.

Coastal Corporation, producer & exporter of seafood products, plans a rights issue. Last year, it issued warrants to promoters that were fully converted at Rs. 187.50 per share. The Company is on an aggressive growth path. Add in small lots.

J&K Bank, one of the oldest banks in the country, to raise Rs. 1000 cr. via Bonds to fund its expansion drive on the back of rising demand for funds. A good share to add.

Brookfield Asset Management to buy a substantial stake in Mahindra Susten, which builds & sells solar power projects. A big unlocking opportunity for M&M Add.

DLF expects its rental income to rise by Rs. 1500 cr. over the next 4 years led by additional commercial development in Chennai. It presently generates around Rs. 3500 cr. on this count. A good long-term buy.

Eicher Motors’ bookings for its Royal Enfield bikes are very near to pre-pandemic levels. The Company may soon report better earnings. Add.

Mahanagar Gas will benefit from the VAT reduction proposal. If the company passes partial benefits to its customers, its volumes could rise sharply. However, if the company absorbs the benefit, then it will reflect in its margins. Buy.

Century Enka is undergoing a capex and has clocked 56% higher Q3 EPS of Rs 23.2 and 504% higher 9M EPS of Rs 61.6 against FY21 EPS of Rs 32.5, which may take FY22 EPS to Rs 88. A reasonable P\E of 8.5x could take its share price to Rs 748. Buy.

JKumar Infraprojects, a pure-play EPC, has notched 32% higher Q3 EPS of Rs 7.8 and 324% higher 9M EPS of Rs 17.4 as against Rs 8.4 in FY21, which could take its FY22 EPS to Rs 24. Buy for 30% gain.

LG Balakrishnan & Bros., the No. 1 OEM supplier of Drive Chains with 70% market share, around 50% in the replacement market has achieved 32% higher Q3EPS of Rs 22.7 and 144% higher 9M EPS of Rs 58, which could take the FY22 EPS to Rs 80+ against FY21 EPS of Rs 42.5. Buy for 30% gain.

Talbros Engineering has reported 71% higher Q3 EPS of Rs 12.3 and 164% higher 9M EPS of Rs 30.9 against Rs 21.2 in FY21, which could lead to FY22 EPS of Rs 44+. The share, which made a lifetime high of Rs 824 on Oct 11, 2017, is expected to touch Rs 550 at 12.5x. Buy.

Cash-rich Manaksia Ltd engaged in the sponge iron and value-added steel products has notched 117% EPS of Rs 7.8 in Q3 and 102% higher EPS of Rs 17.6 in 9M, which could take FY22 EPS to Rs 24 against EPS of Rs 8.2 in FY21. Buy this cheapest share (forward P\E 3.2x) for a 40% gain.

Uflex Ltd, the market leader in flexible packaging is undergoing expansion and has notched 96% higher EPS of Rs 43.4 and 28% higher EPS of Rs 104 in 9MFY22 against EPS of Rs 117 in FY21. With a likely EPS of Rs 140 in FY22, the share may advance by 40%. Buy.

Jayant Agro-Organics engaged in the business of castor oil & derivatives for the last three decades having 80% of exports has notched 96% higher EPS of Rs 7.3 in Q3 and 156% higher EPS of Rs 21.4 in 9M, which could take FY22 EPS to Rs 30. Buy for 30% gain.

Technocraft Industries has notched 51% higher EPS of Rs 25.7 in Q3 and 131% higher EPS of Rs 80.6 in 9M, which could take FY22 EPS to Rs 110+ as against an EPS of Rs 53.2 in FY21. Heavy investment and fund buying are reported in this counter. Buy for 25% gain.

Meghani Organics engaged in the manufacture of pigments & agrochemicals is undergoing expansion. It has notched EPS of Rs 2.6 in Q2FY22 and EPS of Rs 5.3 in H1FY22 as against an EPS Rs 7.3 in FY21. This could lead to an EPS of Rs 11.5+ in FY22. Buy for 30% gain.

From importing oil at cheaper rates from Russia to increasing storage capacity at ports to playing a leading role in the formulation and implementation of the Green Hydrogen Policy, Indian Oil Corporation is more proactive to the national priorities than private sector leaders. 40% to 50% returns can be expected from this stock.

Heavy investments in technology platforms and tech apps, increasing share of CASA Deposits and increasing share in retail advances, all these will ensure a high growth trajectory for IDFC First Bank over the next few years. A strong re-rating is overdue for this stock. Buy.

Andhra Petrochemicals is the leading producer of Oxo Alcohol in India with technical support from Savy, London. In 9MFY22 the company posted excellent sales and profits. Currently, the stock is trading at just 3 P/E to FY22E. Buy for 50% returns within a year.

For very good return in 2022-23 focus on Fluidomat, Frontier Springs, Gujarat Craft, Indraprastha Medical Corp, Indsil Hydro Power and Manganese, Maris Spinners, Manali Petrochemical, RCF, Rudra Global Infra Products, Suryalaxmi Cotton Mills, Sarthak Metals & TGV Sraac.

TAJGVK Hotels & Resorts is a joint venture between Indian Hotels & GVK Group. For Q3FY22 its operating profit zoomed 182% to Rs. 28.74 crore v/s Rs. 10.20 crore in Q321. Buy for good returns in the short term.

Gujarat Craft Industries has reported a 240% jump in net profit in Q322. It has huge reserves of Rs. 41 crore against small equity of Rs. 4.86 crore. Promoter holding is 73.83%. The company is expected to deliver very good results in Q4. Buy as it is expected to surge like Nahar Poly in 2022-23.

For FY21 Fluidomat paid a 32.5% dividend and has huge reserves of Rs. 32.26 crore on small equity of Rs. 4.92 crore.  Ace investor Sunil Jain holds 2.73%, Chhayalata Patni holds 2.24% and Shashank Khade holds 1.64%. Its Net profit for the first 9 months is Rs. 3.70 crore v/s Rs. 2.65 cr in the previous year. Buy.

Akar Auto reported a net profit of Rs. 4.80 crore in 9M FY22 against a loss of Rs. 3.84 crore in the previous year. The company has reserves of Rs. 22.91 crore against very small equity of Rs. 5.39 crore. The promoter holds 73%. Ace investor Varun Gupta holds 1%. Buy for very good return in short to medium term.

Investors are focussing on sugar as a structural story while ignoring fertilizers. If you want the best of both worlds Buy EID Parry.

AIA Engineering caters to the mining industry which is currently in a boom phase. The conclusion is clearly in favour of AIA Engineering.

Garware Hi-Tech Films is competing abroad with established MNCs and is succeeding. The stock is worth a deeper study.

Jagsonpal Pharmaceuticals has cut its debt and has DE ratio of just 0.06x. Its PAT has zoomed 39.32% CAGR over the last 5 years. Recently, Infinity holdings, a Mauritius based open-ended fund has acquired 26% stake at Rs 235/share. The stock may cross Rs 350.

Disclaimer: The views and investment tips expressed by investment experts on Money Times 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.


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