Kerbside

POWERGRID | BSE Code: 532898 | CMP: Rs. 136

A POWER TRADE

Being a PSU stock, Power Grid has most of the times remained range bound on the bourses. However if rumors are believed to be true, the scrip is likely to witness further up-move as a positive announcement in terms of power sector reforms by the government which may indirectly benefit the company. The stock is expected to move northward in the short term and one may look at it for making some quick money.

MCNALLY BHARAT ENGG COMPANY | BSE Code: 532629 | CMP: Rs. 99

PUMPING PROFITS

While most of the EPC companies have witnessed a surge in the price movement of McNally Bharat, the stock has remained in a range. However delivery volumes have been building up. Rumors suggest that after a poor financial performance in June quarter, the order book is likely to improve. The company is on the radar of one of the leading fund houses and they are taking keen interest in the stock for the last fortnight.

VIVIMED LAB | BSE Code: 532660 | CMP: Rs. 363

RISKY PROPOSITION

The price and the volume have moved in tandem for the last 5-7 trading sessions. Vivimed Lab is an attractively priced Pharma company and it has witnessed good buying interest for the last few sessions. Even the delivery volumes have remained relatively higher over the past week. Owning to entry of few HNIs in the counters, it is expected that the counter may witness smart up-move in near term. However, only high risk taking investors should take exposure to counter with short to medium term view.

ONMOBILE GLOBAL | BSE Code: 532944 | CMP: Rs. 34

RINGING PROFITS

For the last few days the stock has been moving in a range with higher volumes, which suggests that something is cooking in the counter. It is learnt that there is a buzz in the market that the major IT players are eyeing a stake in this counter and due diligence is underway which might trigger an open offer after the change in management. High risk taking Investors may take positions in the stock according to their risk appetite to witness some short term gain.