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Finvestedge Weekly Market Insights




📌Shares of J.Kumar Infraprojects are being picked up by discerning investors as this construction major is expected to notch an EPS of Rs.30+ for FY20. Accumulate.

📌Infosys has partnered with GEFCO, a leader in multimodal supply chain solutions and automotive logistics, to support its digital transformation. All the allegations that dampened its share price have also been proven false. Buy for the long term.

📌IndusInd Bank reported 32% higher PAT for Q3FY20 despite higher provisions and slippages. Accumulate.

📌Blackstone plans to invest up to Rs.380 crore in Allcargo Logistics’ warehousing business by way of debt and equity. Buy for the long term.

📌Ace investor Rakesh Jhunjhunwala increasing stake in Titan Company to 5.27% is a morale booster. Accumulate.

📌The ensuing budget is likely to provide a huge impetus to the water delivery system, which would augur well for companies like Srikalahasthi Pipes. Accumulate.

📌RITES, which was recommended two weeks back, has begun its northward journey. Buy before it’s too late.

📌Torrent Pharmaceuticals to consider raising funds via equity on 27th January. A positive for the company. Buy for the long term.

📌Tinplate Company of India’s net profit jumped nearly 3x in Q3FY20. A good reason to expect a strong performance for FY20. Accumulate.

📌Den Networks reported a turnaround in Q3FY20 with a consolidated PAT of Rs.19.36 crore v/s a net loss of Rs 32.38 crore in Q3FY19. This company merits a buy.

📌With plans of a buyback, Dishman Carbogen Amcis looks attractive.

📌GMR Infrastructure plans to divest 49% stake in GMR Airports and utilise the funds to repay debts. A positive for the company. Accumulate.

📌Sterlite Technologies reported subdued results for Q3FY20. The management, however, is sanguine about the current year’s workings. Buy for the long term.

📌Wockhardt has received DCGI approval for 2 new antibiotics for acute bacterial skin and skin structure infections. This drug has great potential. A good time to accumulate this beaten down share.

📌Shrimp feed prices are on the rise. Accumulate Avanti Feeds, which controls half of the local market. The stock is poised to reach Rs.900 within a year.

📌Cable major, KEI Industries, plans to raise ~Rs.600 crore via QIP to fund its expansion plans. A good long-term investment bet.

📌Analysts believe that the slump in realty prices augurs well for cash-rich Avenue Supermarts (DMart) as it has huge expansion plans on hand. Accumulate.

📌Bandhan Bank posted excellent results for Q3 with much higher profit, lower expenses and increasing number of customers and outlets. Its future looks bright. Buy for the long term.

📌With sugar prices rising, it would be prudent to buy sugar manufacturing companies like Balrampur Chini Mills.

📌Large pipes manufacturer, Man Industries (India), is expected to do well with a revival in sectors like gas, water, petrochemicals, etc. This stock, which traded around Rs.250 level in 2014 is a steal at Rs.54 today.

📌Buy Igarashi Motors India for short-term gains. The Japanese promoters, who hold 75% stake in the company, are keen to delist the business from the bourses. The stock’s 52-week high is Rs.550 and it is expected to delist at a huge premium to the CMP of Rs.347.

📌ISGEC Heavy Engineering is yet to participate in the sugar stocks rally. It has a small equity capital of Rs.7 crore against a market cap of Rs.2946 crore. Buy for ~20% returns in the short-to-medium term.

📌Available at a multi-year low level, Sarla Performance Fibers is faring exceedingly well. Buy for the long term.

📌Pitti Engineering is likely to notch an EPS of Rs.10 post expansion. An attractive buy.

📌Sree Rayalaseema Hi-Strength Hypo, one of the few manufacturers of Calcium Hypochlorite in India, is reportedly doing well in H2FY20. The results of its expansion initiatives will emerge in the near future. Accumulate.

📌Polyplex Corporation, which posted 26% higher PAT in H1FY20, is likely to notch an EPS of Rs.130 for FY20. The stock is available at a conservative P/E of 4.2x v/s the industry P/E of 8.5x. Accumulate.

📌Going by its FY19 results and falling raw material prices, Shreyans Industries is likely to notch an EPS of Rs.38 for FY20. Buy for the medium term.

📌Cash-rich, debt-free Kalyani Steels belonging to Baba Kalyani of Bharat Forge is set to notch an EPS of Rs.40 for FY20. The stock is poised to touch the Rs.300 mark.

📌An Ahmedabad-based analyst recommends JMC Projects, Mold-Tek Technologies, Nikhil Adhesives and Ram Ratna Wires. From his previous recommendations, Manali Petrochemical gained 37% from Rs.18.6 to Rs.25.45 while India Gelatine & Chemicals gained 17% from Rs.93 to Rs.109.8 in just 3 weeks...

Disclaimer :
This is strictly for informational purposes only. It is not a solicitation to buy, sell in securities or other financial instruments. FINVESTEDGE do not accept culpability for losses and/or damages arising based on information in this post. Contact your investment advisor before investing.

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