Weekly ‘MONEY TIMES TALK’
- EP News Service
- Dec 12, 2022
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.
> VIP Clothing has large expansion plans. It is issuing
over 1 crore convertible warrants at Rs 42/warrant to the promoters &
friends that include marquee investors and a marketing icon. Its share price
may quote in 3 digits soon. Do not sell a single share.
> Battered down technology stocks are set to make a
comeback. Vedavaag Systems which fell from its 52 week high of Rs 92.45 is
poised for a strong re-rating in coming days. Buy candidate around Rs 52.
> Disruptions in China boosts the share of Vinati Organics
as it expects its sales to grow a whopping 40% this year. Buy.
> West Coast Paper, the second-largest paper
manufacturer, is a key beneficiary of the unlocking of the economy on the back
of growing demand for paper. Buy.
> Housing Finance major, Repco Home Finance looks
attractive at the current beaten-down rates. The share is a potential
> Morgan Stanley has raised its target price of the Bank
of India share on the back of its undervalued price and earnings estimate. Add.
> A Santa Claus rally is on for railway stocks as
investors rush to buy shares of Rail Vikas Nigam (RVNL), Titagarh Wagons, and
Indian Railway Finance Corporation (IRFC). Buy small quantities as usually such
upticks get corrected after the Budget.
> Tata Motors is planning a price hike of passenger
vehicles from next month to partly offset higher input costs and partly boost
profit. A positive for the company. Add.
> Standard Industries of the Rasesh Mafatlal Group is
available at a PE multiple of just 1! The Company is contemplating to sell its
surplus land, which will rake in fabulous profits. A screaming buy at CMP at
around Rs. 28.
> Dabur plans to enter the feminine care market under the
‘Fem’ brand. A super opportunity to tap a market ventured by a few. A big buy.
> GSK has received regulatory approval to launch a
shingles vaccine for patients over 50. A big positive for GSK. Add.
> As Govt. allows foreign funds to own over 51% in IDBI
Bank, this share has become a good buy for a horizon of 3 years.
> Indiabulls Housing Finance to repay bonds worth Rs.
1000 cr. two months before the maturity date. This reflects its financial
> The falling crude prices will directly boost the
profitability of tyre makers. J.K.Tyre and Ceat can be big beneficiaries. Add
> There is shortage of fertilizers in Europe. Chambal
Fertilizers is one fertilizer company that has not gone up in this rally. Add.
> Alembic Pharma has received USFDA nod for Desonide
cream for relief of inflammatory and pruritic manifestations. Positive for the
> National Peroxide has resumed work at its Kalyan plant,
which was shut for its annual maintenance. As the demand for its products is
rising, this share may be added.
> Bank shares are on the radar of every investor,
especially the small ones. Add Punjab & Sind Bank for quick gains.
> GMM Pfaudler to acquire Mixel France SAS subject to
statutory clearances there. Mixel designs and manufactures customized mixing
systems for various applications. Positive for GMM. Add.
> Rate Gain Travel has set up a step-down subsidiary in
UAE to gain a foothold there while RateGain Technologies LLC will do data
processing and other related activities there. Add in small quantities.
> KPI Green has commissioned a 38.76 MW solar power
project through a step-down subsidiary On a consolidated basis, its net profit
jumped 72.6% to Rs 21.16 cr. Add.
> ISMT Ltd known for its seamless tubes is now owned by
the Kirloskar group holding 75% stake and it is likely to see glorious days
once again. This stock, which used to trade at Rs.200+, trades cheap at Rs.54
and can be bought for 50%++ appreciation.
> NDTV is trading at Rs.330 close to the open offer price
of Adanis of Rs.290. Any decline in the stock will provide a great entry
opportunity for medium term shareholders.
> Railway stocks have corrected almost 20% and PSU banks
have corrected nearly 10% from their highs last week. Any further decline would
provide a great entry opportunity for medium term to traders/investors.
> Paytm’s buyback is another gimmick for retail investors
and provides an opportunity to large shareholders to exit. Avoid at all costs.
> The growing dependence on the Internet and threats of
cyberattacks, Globesecure Technology into Cyber Security space has bright
prospects. This SME counter is still unknown to most market participants
despite serving marquee clients. Once identified, it could double quickly.
> HFCL Ltd a telecom infrastructure enabler, serves top
telecom operators and has the largest market share in Optic Fibre Cable
supplies and has an order book of Rs 5280 cr. Given the 5G rollout, it is set
to bag big orders and its share may touch Rs.150.
> Univastu India, a micro-cap in infrastructure space,
has a market cap of just Rs.111cr. against pending orders of Rs. 400 cr. Co.
has good fundamentals and set to post growth in revenue and margins.
> Improving prospects of the Tyres industry will boost*
PCBL*, formerly Phillips Carbon Black, which had already undertaken expansion.
> NOCIL is bound to do well on the back of the improved
prospects of the Tyre industry. It’s a well-managed, debt-free co. with
reasonable valuation, which makes it attractive.
> Minda Corporation has multiple triggers for growth. Its
products are EV agnostic mostly. Regular expansion with a dominant position in
some products will stand this auto components player in good stead.
> Asian Hotels East is available at price: book ratio of
just 0.3x with market cap of only Rs.205 cr. against two 5-star properties
Hyatt Chennai & Hyatt Kolkata. The promoters hold 65% stake. The stock has
corrected from its highs and can give very good returns in the short term.
> IVP Ltd with huge capacity of foundry chemicals,
coatings, composites & insulation resin is available at a PE of just 7x. It
posted 175% higher H1 EPS of Rs.8.92. Stock may cross its 52-week high of
> BDH Industries is a cash rich pharma co. sure to be
re-rated in future if it shifts its plant from Kandivali. It exports to 60
countries & posted 41% higher Q2 PAT. Buy for good dividend yield. Stock
may cross its 52-week high of Rs.211.
> Coral Laboratories posted 987% higher Q2 net profit of
Rs.4.89 cr. v/s just Rs.45 lakh in Q2FY22. It has huge reserves of Rs.152 cr.
on its small equity of Rs.3.57 cr. Promoters hold 71.51%. Stock may double in a
> Deepak Spinners posted 52% higher H1 net profit of
Rs.25.55 cr. in H1 and available at PE of just 4x. Reputed HNIs Sangeeta S
holds 3.81%. R Bajaj hold 1.05%, S R Athalye holds 1.28% & Dolly Khanna
holds 1.21%. Keep on the radar for very good returns in medium to long term.
> RDB Rasayan posted 54% higher H1 net profit of Rs.16.24
cr. Promoters hold 69.83% and is available at a PE of just only 5.67x. Buy for
good return in short to medium term.
> Artefact Projects is available around Rs.59 against its
private placement price of Rs.101. It has a strong order book involving gross
fees of Rs.120 cr. and expects its order book & revenue to swell in allied
verticals. If it closes at its 52 week high of Rs.88, a new trading range of Rs
100-125 can open.
> Shilchar Techno is one more beneficiary of green
energy. It posted 651% higher H1 net profit of Rs.14.95 cr. It has huge reserve
of Rs.76 cr.on its small equity of Rs.3.81 cr. Promoters hold 65.85%. Keep on
the radar for good gains.
> Last Friday in a highly negative market, a powerful
bullish breakout with record volumes was seen in YES Bank. Keep it on the
> EaseMyTrip, one of the largest online tech travel
platform, has signed an exclusive General Sales Agreement to sell, promote and
market passenger tickets and other services to passengers in Saudi Arabia. Add.
> IRB Infrastructure Developers and its private Invit Arm
IRB Infrastructure Trust have collectively reported 39% increase in toll
collection in November 2022 at Rs. 365.95 cr. v/s Rs 262.81 cr. YoY
> NSE listed Ajooni Biotech has an agreement with IFFCO
KISAN, which has started showing results and has now launched a medicine for
Lumpy Cow disease, which is a big hit. Buy.
> Gravita India has commenced commercial production at
its aluminium recycling plant in West Africa, which may lead to about Rs. 60
cr. revenue with around 20% margin from the new capacity. Add.
Disclaimer: The views and investment tips expressed by
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guarantee the accuracy, adequacy or completeness of any information. Readers
are advised to check with certified experts before taking any investment