Stock Recommendations For Your Portfolio

HOT CHIPS

TATACHEM | BSE CODE: 500770 | VOLUME: 95852 | CMP: Rs. 468 | FACE VALUE: Rs.10

Tata Chemicals is the second largest soda ash manufacturer in the world which accounts 40 per cent of its total consolidated revenues. Globally Soda ash demand continues to be robust, driven by higher demand emanating from key consumers in glass, soaps, detergents and paper segments and pricing is likely to remain firm over the next few quarters. In H1 FY15, revenue grew by 14 per cent to Rs 8649.8 crore as against Rs 7620 crore in H1FY14. EBITDA rose by 17.5 per cent to Rs 1157 crore along with 45 bps improved at 13.4 per cent in EBITDA margin. The company posted a bottomline which more than doubled to Rs 432.5 crore as there was a foreign exchange loss of Rs 134.63 crore in the corresponding previous year period. The company successfully completed the restructuring programme in UK and Kenya. Now their operation will come on track.

Godrej Industries

GODREJIND | BSE CODE: 500164 | VOLUME: 98414 | CMP: Rs. 307 | FACE VALUE: Rs.1

In H1FY15, Godrej Industries consolidated net profit increased 17.7 per cent to Rs 172.86 crore as compared to Rs 146.84 crore in the same period last year. Total Income increased by 18 per cent to Rs 4,624.33 crore as against Rs 3,918.28 crore on YoY basis in the same period last year. The company’s Agri business continues to do well, despite a challenging environment in terms of volatile commodity prices and erratic weather conditions. The new Shrimp and Fish feed facility in Andhra Pradesh has commenced production which will strengthen our presence in this space. The company’s future prospects for agri business remain robust and continue to deliver good results. Godrej Properties posted a good set of number in  third quarter of FY15 and commercial portfolio contributed most to the sales in this quarter at around of Rs 500 crore revenues which is the highest ever in the company’s history.