Stock Market Gossips for the Week of 26 Feb – 2 Mar, 2018

By | 28th February 2018

Stock Market Gossips for the Week of 26 Feb – 2 Mar, 2018

Gossip 26-Feb to 2-Mar
Gossip 26-Feb to 2-Mar, 2018

 

  1. One of the very few banks in the country that did not report scams or embezzlement of funds, Karnataka Bank must figure in every good portfolio. Very low NPA, improving CASA ratio and beaten down prices all augur well for this Bank. BUY.
  2. The workings of Navkar Corporation were near to expectations. But the 40% fall (at around Rs.160) in prices make this logistics company a great buy.
  3. Dilip Buildcon has emerged as the lowest bidder for a road project valued at Rs.380.07 crore in Karnataka. The Company completes projects before time and earns additional financial incentives. BUY.
  4. KPIT Technologies is constantly rising. The proposed merger with Birlasoft will also add to its strength. After a big correction last year, the present price looks attractive.
  5. Indian Oil Corporation (IOC) is still available cum Bonus (around Rs.365). With huge expansions, excellent dividend payout and liberal management, the share deserves a much better discounting. BUY.
  6. Mukesh Ambani is tying up with several global companies to invest Rs.60000 crore to build an integrated industrial area in Navi Mumbai. Ambani, along with Anand Jain of Jai Corp, holds close to 5200 acres close to Navi Mumbai Airport and JNPT. Reliance Industrial Infrastructure and Jai Corp will remain in focus.
  7. According to sources, Bhageria Industires is reportedly doing well and the stock which has not at all participated in the chemical rally can easily double from the current level.
  8. With Banking/internet frauds on the rise, Cyber Security companies are expected to benefit immensely due to good demand going forward. The stock of Aurionpro Solutions is a good bet as the firm specializes in banking/cyber securities software.
  9. An Ahmedabad based analyst recommends 20 Microns, as government has opened commercial coal mining for the private sector. 20 Microns Q3 profit zoomed to Rs.5.01 crore vs Rs.2.28 crore last year – a jump of 119% It may prove to be a multibagger of 2019.
  10. From his last week’s recommendation in a highly negative market sentiment, Ashok Alcho-Chem zoomed to Rs.119.95 from Rs.113.35. He is still bullish on Ashok Alcho-Chem at the CMP Rs.118.40; Chandni Textiles Engineering Industries zoomed to Rs.41.40 from Rs.36.90 he is still bullish on it at CMP Rs.41.40; Kulkarni Power Tools zoomed to Rs.56.80 from Rs.51.50 and he is highly bullish on it at CMP Rs.56.65.
  11. Biocon has received 6 observations from USFDA for its Malaysia Plant. Although negative in nature, Biocon has the resources to mend the shortcomings. Patient investors may take a calculated risk and buy in small quantities.
  12. Indian Hotels Company has unveiled a strategy to improve its EBITDA from 17% to 25% by selling its non-core assets. A Big positive.
  13. Idea Cellular has fixed a QIP price for its Rs.3,500 crore proposed issue. This will not only make the company financially stronger, but will also ensure that the share price rises. Buy.
  14. Ambuja Cements net profit for Q3 rose 93% to Rs.338 crore on 23% increase in net sales to Rs.2712 crore. An attractive buy.
  15. UCO Bank has admitted that it has an exposure of around Rs.2636 crore to the Nirav Modi group. More skeletons expected to tumble out: Stay away.
  16. On the back of big expansion by the Railways, wagon companies will see big order inflows. Titagarh Wagons is a good buy.
  17. DLF is aiming to sell 15000 worth flats in the next 3 to 4 years. It also announced that henceforth it will sell flats only after they reach an advanced stage of construction. Buy for the long-term.
  18. Instant Holdings, the promoters of KEC International are increasing their stake in the Company. The share is looking upward. Some news may be on the way. Buy.
  19. Apex Frozen Foods has fallen drastically. The recent results were superb. The share may bounce back by about Rs.200 in a very short time. A screaming buy.
  20. One of the few shares not cowed down by volatility, Avenue Supermarts (DMart) continues it’s upward albeit slowly. A very good share in times of turmoil.
  21. IDBI Bank has declared its intention to sell 10% stake to a renowned Singapore based private equity player. There are chances of a rise in its share price. Risk loving investors may take an exposure.
  22. Reliance Jio is planning to invest Rs.10,000 crore in U.P (over and above Rs.20,000 crore already invested) in an attempt to develop the state. Reliance Industries should be a direct beneficiary of the expansion programs. Buy.
  23. Yes Bank has approved another Rs.3000 crore to meets its Basil-III Compliance Tier-2 Bonds. This will ensure further expansion. A fairly good buy. 
  24. Blackstone group, the world’s largest private equity firm is likely to buy 49% stake in office rental business of Indiabull Real Estate for about $ 1.2 bn. A big positive for the Company. BUY
  25. Wipro is set to invest Rs.220 crore in Telangana to make consumer care products. Positive for the company. Buy in small lots.
  26. Oil and Natural Gas Corporation (ONGC) contemplates to boost the output from domestic oil field production and is hiring some of the best technology companies in the world for this purpose. A good long-term buy.
  27. Lupin has received the final approval from the US health regulator to market its Oseltamivir phosphate tablets or oral suspension for the treatment of acute influenza. One more feather in its cap and a good long-term investment.
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Disclaimer:

My descriptions, videos, presentations are only for educational and information purposes and under no circumstances should be used for making investment decisions. I cannot guarantee the accuracy of any information provided.
The stocks picks are based on my own research and personal views and sometimes are from newspapers, tv channel program, magazines, etc. No part of compensation is or will be directly or indirectly related to the views and recommendations of this research. I have not served as an officer director or employee of company and have not been engaged in market – making activity of the company covered in the research report.
Consult qualified financial advisor before making any investment decision.

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