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26 November - 2 December 2018
✓ Dr. Reddy’s Laboratories has received a favourable judgment in a litigation pertaining to Suboxone sublingual film in USA. A big positive for the company. Buy.
✓ Adani Gas has been authorized to expand its city gas footprint in 13 new geographical areas. Buy.
✓ Power Finance Corporation and REC are both faring well and have good dividend yields. Buy.
✓ Dewan Housing Finance Corporation posted fantastic Q2 results with 52% higher PAT and is likely to notch an EPS of over Rs.52 for FY19. Buy.
✓ IDBI Bank may be back in the black by Q1FY20 on the back of better cash management and selling LIC plans.
Accumulate in small quantities.
✓ Vodafone Idea plans to liquidate Rs.14000 crore worth assets because of its business synergies over the next 1-2 years. Buy on dips.
✓ Deepak Fertilisers & Petrochemicals Corporation fell sharply after its profitability took a small beating. However, the ongoing capex is likely to boost its earnings going forward. Buy.
✓ Cyient is expected to grow at over 20% CAGR in the next few years on the back of strong long-term client orders.
The stock could rise by 30% in the next 6 months.
✓ Sheet rubber prices are falling on account of higher production. J.K. Tyre Industries will be a big beneficiary. Buy.
✓ There may be consensus among the promoters of Yes Bank about reaching a truce. At the current beaten down level, there is nothing more to lose. Buy.
✓ Piramal Enterprises may soon raise Rs.1000 crore by way of non-convertible debentures (NCDs) to fund its
expansion and working capital requirements. The company is on an expansion spree. Buy.
✓ NBCC is bidding for J.P. Infra to expand projects. With orders worth Rs.90000 crore in hand, its future looks bright. Buy immediately for good returns in 2 years.
✓ Not all NBFCs are in a financial mess. IndiaBulls Housing Finance will bounce back sharply. Start accumulating.
✓ Maruti Suzuki (India) has introduced a new version of Ertiga priced at Rs.7.44 lakh. The stock may bounce back.
✓ State-owned Oil & Natural Gas Corporation has hit an all-time high in natural gas production. Gas prices are also on the rise. Buy.
✓ Kanchi Karpooram reported excellent results for Q2 and is expected to notch an EPS of Rs.90 for FY19. The stock is a steal at the current level. Buy.
✓ Aurobindo Pharma will launch its first set of speciality drugs in the oncology segment in USA. This major breakthrough will boost its earnings. Buy.
✓ Kaveri Seed Company has launched new products that are expected to boost its cotton seeds business. It also plans to expand its footprint in newer geographies. Buy.
✓ Reliance Jio is likely to replace Bharti Airtel as a service provider for the Railways from 1 January 2019. A big positive for Reliance Industries.
Moreover, all its verticals are now good profit centres. Buy.
✓ The value of Huhtamaki PPL’s land in Thane is much more than its current market cap. The stock is available near its 52-week low and is a screaming buy!
✓ Saksoft reported a stellar performance in Q2 with an EPS of Rs.9 and expects H2 to be equally good. It has grown
consistently at over 20%. The stock may double from the current level.
✓ PTC India Financial Services is being accumulated by people in the know how on expectations of a 50% jump in its share price.
