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.

> Mangalore Chemicals trades at a market cap of Rs. 1,400 crore while Zuari Agrowhich holds 54% in Mangalore Chemicals trades at a market cap of just Rs. 770 crore. For 9MFY22 Zuari Agro reported an EPS of Rs. 30 per share. The stock can easily double from current levels.

> Little known garment manufacturer Bannari Amman Spinning Mills (BASML)which has multinational customers such as Next and Debenhams trades at a P/E of less than 5x while other listed garment manufacturers trade at 10x to 15x. The promoter pedigree being unquestionable, this stock can easily double from current levels.

> Tejas Networks which is now under the fold of the Tata Group has diversified into chipset manufacturing. Tata Communications carries around 30% of the world’s internet routes and connects 60% of the world’s cloud giants and 4 out of 5 mobile subscribers. Tejas is all set to benefit immensely in the coming years. Buy.

> The watchlist of a veteran market man for this week includes BDH Ind., Golkunda Diamonds, Kinetic Eng., Indsil Hydro Power & Manganese, Jagran Prakashan, Morepen Laboratories, NBVentures, NGL Fine Chem, Polylink Polymers, Redington, Sarthak Metals (SMLT), Solitaire Machine Tools (SOLIMAC), TAJGVK Hotels Resorts, TGV Sraac, Vedavaag and Veto Switchgears & Cables.

> From just focusing on fine dining, Speciality Restaurants has come a long way with 60 cloud kitchens, that too debt-free. Brands such as Mainland China, Sweet Bengal, Hopipola and Oh Calcutta all under one roof are available at a valuation of less than Rs 750 crore. A multibagger in the making. Buy.

> Maheshwari Logistics, the largest trader of coal is yet to come in limelight amid the current coal shortage witnessed across the country. The effect of the current shortage will be reflected in the company’s Q1FY23 results. We expect this counter to reach 4 digits mark in two to three years. Accumulate.

> The boom in the stock market post-pandemic took valuations of broking stocks to multiple times. An undervalued broking stock, Geojit Finance, is yet to show the move. It isthe cheapest broking stock that offers a complete spectrum of financial services. We expect this counter to perform well in the coming quarters. Buy.

> All paper stocks have been showing strength worldwide after the Ukraine crisis. Our top pick, Magnum Ventures, is engaged in the business of trading and manufacturing paper for more than 30 years. The company trades at a P/E of just 4x against an industry P/E of 16.9x. We expect this counter to trade in triple-digit in coming times. Accumulate.

> Adani Power has an installed thermal power capacity of 12,410 MW spread across six power plants and a 40 MW solar power plant in Gujarat. All power stocks are showing good strength amid the coal shortage and EV push. We expect further moves in this counter and look forward to it growing 5x in the long term. Buy.

> Greenlam is among the world’s best surfacing products companies. It is well managed and is currently undergoing expansion. Expect huge value unlocking ahead. Buy.

> Zuari Global has stakes in Zuari Agro and Chambal Fertilisers & Chemicals. Also, its sugar and ethanol business segment are expected to remain profitable in the long term. Buy.

> Fiem Industries continues to outperform its competitors by grabbing more and more market share. It is the sole supplier to Ola Electric for Head Lamps, Tail Lamps, Indicators, Rear Fender Assembly and Mirrors. The valuations are reasonable and attractive. Accumulate.

> Select cement shares are on the rise. Investors can focus on fundamentally strong shares such as Deccan Cements, Keerthi Industries and Mangalam Cements for hefty gain in the medium term.

> Nahar Industrial Enterprises(NIEL) posted Q3FY22 EPS of Rs 12 and 9MFY22 EPS of Rs 29.7. Cotton County (Group Company), is a totally integrated player across the entire value chain of manufacturing and retailing. Cotton County has a strong position in the ready-to-wear apparel market as a “value for money” brand. NIEL is likely to notch an EPS of Rs 42 in FY22. Buy for 40% gain.

> Jindal Steel Power (JSPL) has made a prepayment of $357 million to its lenders and has reduced its overseas debt from $1.8 billion to $130 million. The company’s Q3 EPS stands at Rs 16 and 9M EPS at Rs 42 against Rs 36 in FY21. This could take FY22 EPS to Rs 75+. A reasonable P\E of 10x could take the share price to Rs 750. Buy.

> Uflex, the market leader in flexible packaging is undergoing expansion. The company 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 40%. Buy.

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

> Cash-rich Manaksia Ltd is engaged in the sponge iron and value-added steel products for various industries and aluminium rolled products has notched 117% higher EPS of Rs 7.8 in Q3FY22 and 102% higher EPS of Rs 17.6 in 9MFY22, which could take FY22 EPS to Rs 22 to Rs 24 against an EPS of Rs 8.2 in FY21. Buy this share (forward P\E 3.5x) for a 40% gain.

> IIFL Securities  (from India Infoline), which is a key player in both retail and institutional segments with 2,500 offices across 500 cities has notched 70% higher Q3FY22 EPS of Rs 2.8 and 59% higher EPS of Rs 7.5 in 9MFY22 as against FY21 EPS of Rs 7.0. It may garner an EPS of Rs 12 in FY22. Buy for 50% gain.

> Debt-free Lincoln Pharma notched 31% higher EPS of Rs 8.9 in Q3FY22 and 17% higher EPS of Rs 29.1 in 9MFY22 as against Rs 31.1 in FY21. The stock is the cheapest in the pharma space. With a likely EPS of Rs 38, the share trades at a forward P\E of 8.7x. Accumulate for 25% gain.

> Shares of INEOS Styrolution have been acquired by discerning investors. The 75% MNC is the leading, global styrenics supplier having products applications in various products has notched Q3FY22 EPS of Rs 27 and 9MFY22 EPS of Rs 127. This could take FY22 EPS to Rs 170+. Buy for a 25% gain.

> Suraj Products produces sponge iron and makes three products namely TMT Bar, Pig Iron and MS Ingot, has notched 93% higher EPS of Rs 5.8 in Q3FY22 and 207% higher EPS of Rs 16.6 in 9MFY22 against FY21 EPS of Rs 8. This might take FY22 EPS to over Rs 23. The share is poised to appreciate by 40%.

> The shares of IT major Cigniti Ltd , a global leader in Independent Quality Engineering & Software Testing Services servings 200+ industry clients including 50+ Fortune 500 customers across 13 countries are being eagerly sought by investors. Cigniti is all set to garner an EPS of Rs 36 in FY22. Buy for a 20% gain.

> Once again when oil prices are rising, sugar companies are looking to increase their distillery capacity to produce more ethanol. Amid uncertain and highly volatile market sentiment it is better to focus on sugar and oil exploring stocks.

> The result of Infosys was below market expectation. However on Monday amid the panic, it is better to invest in small quantities for the medium to long term.

> Sarthak Metals* is India’s leading manufacturer and exporter of cored wires & aluminium flipping coils. For 9MFY22 the company reported a net profit of Rs.19.40 crore v/s Rs.5.05 crore in 9FY21, a jump of 284%. Promoter holds 70% stake. Q4 results are expected to be better due to increased demand. The stock is available at a P/E of just 7x. Buy for 50% gain.

> While crude, petrol and diesel prices are rising, Kinetic Engineering which reported a 70% growth in revenue in 9MFY22, has decided to focus more on EVs in the coming months. Keep an eye on Kinetic Eng for multibagger gains.

> TCS logged a 7.4% rise in Q4 profits for Q4FY22. The revenue was up 15.8% boosted by double-digit growth across verticals. Analysts expect the momentum to be maintained. Long-term investors may remain invested.

> Motherson Sumi Systems operates in the auto ancillaries sector. It is in advanced talks to acquire auto parts maker Marelli. Positive for Motherson Sumi. Accumulate.

> Royal Enfield is making its presence felt in the global mid-sized motorcycle segment, especially in the UK, Europe, New Zealand, and Southeast Asia. Keep accumulating Eicher Motor

> Vedanta ’s CEO feels that commodity prices will continue to rise due to curtailed manufacturing capacities. The company is also scouting for mines in the metal space. Buy for the long term.

> The Chairman and CEO of Schneider Electric Infrastructure are optimistic about doubling the exports of its products in the next few years. The company had recently acquired L&Ts electrical and automation business and expects to make the best of it. Add.

> Tinplate Q4FY22 PAT soared 104% YoY to Rs 114.51 crore on a 59% rise in revenue to Rs. 1106 crore. A good share to accumulate with a two-year horizon.

> Deep Industries has secured an order worth Rs. 41 crore from ONGC for their gas compression services, drilling and work-over services, gas dehydration services, etc. Positive for Deep add.

> Hero Electric (EV segment of Hero Motors) will now offer temperature alarm devices to E-two-wheelers. This is likely to tilt sales towards this company. Add Hero Motors A good long-term bet.

> Due to the shortage of coal in India, there are reports that the government has allowed imports of this commodity. Coal India is turning out to be a big buying opportunity.

> The packaging industry is on a run. Uflex is available at half the P/E compared to its peers. The share is likely to report an EPS of over Rs. 140/- for FY22 and still available around Rs. 690/-. With the potential of doubling in about 15 months, this share ought to be bought.

> JB Chemicals is in the final lap to acquire Curatio Healthcare for about Rs. 2,500 crore. A big positive if this takes place. Even otherwise, the company is faring well after the new management has taken over. Add.

> Anand Rathi Wealth reported a 52% YoY increase in revenue and a PAT rise of 184%. A final dividend of Rs. 6/- has also been declared. The EPS for FY22 is Rs. 30.36 v/s 10.87 in FY21. Accumulate.

> The ethanol story is making sugar stock sweeter. Shree Renuka Sugar key product segments include ethanol & allied products. The stock can double in a year. Buy.

> Lyka Labs is on the prowl again. Its IPCA connection should start showing results soon. Add.

> Praj Industries (the Heavy engineering giant making ethanol plants) is on the upward movement again. Buy this share with a two years perspective. Add.

> The government is trying hard to give a big boost to the textile sector. Buy Faze Three, Arvind Fashion, and Ginni Filaments.

> PFC is expected to present its FY22Q4 results very soon. Another interim is also possible. An excellent dividend-paying company. Buy.

> The government is likely to dole out a big incentive to the fertilizer industry in its next PLI scheme. RCF will be a big beneficiary. Buy for the medium term.

> As per media reports, Axis AMC has started accumulating Indiabulls Housing Finance. With Blackstone now at the helm of the affairs, the fortunes of the company are bound to improve. Buy with a two years perspective.

> Indraprastha Gas has raised the price of its PNG by Rs. 4.25 per SCM and of CNG by Rs. 2.50 per kg. IGL has therefore become a lucrative buy. Add.

> Some investors are accumulating fundamentally sound Mahanagar Gas for decent gains. Buy for 25% gain.

> Dev Information Technology has teamed up with Adani Institute of Digital Technology Management & Orena Solutions to upskill IT students & professionals in Cloud, AI/ML, Blockchain and ongoing digital transformation. It expects to raise its workforce by 50%. Buy.

> Mishtann Foods manufacturer of a large variety of rice, is setting up a 1,000 KLPD grain based Ethanol project in Gujarat for Rs 2,250 crore to generate annual revenue of about Rs. 3,500 crore. Accumulate.

> NSE listed Supreme Engineering has recently bagged various critical material orders for Indian Space Programmes. The orders include nickel-based superalloys for cryo-engine components, age hardenable superalloys for fasteners for rockets and French grade high strength alloy steel bolts, screws and pins for rockets. Accumulate.

> Fintech stock Vedavaag Systems has retraced from its recent high of Rs 92.40 to the current levels. The wealth creation history of software services stocks suggests around 50% growth for this stock in the short/medium term and multi-bagger returns in the long term. Buy.

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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