Kerbside
The recommendations provided in this column are taken from various market sources such as brokers, analysts, dealers and investment strategists, etc. These recommendations may not be backed by strong fundamentals. Therefore we advise readers to use their own discretion before investing in these recommendation.
HEALTHY WAY TO WEALTH
Borosil Ltd.
BSE Code: 543212
CMP: Rs309.10
The company started its journey in 1962 with a lofty vision of being an internationally recognised scientific glass product. Today, the company functions under two listed companies with Borosil Ltd. consisting of consum- er products and life science division. It is a market leader for consumer glassware in India. The company has expanded its consumer offering from its core glassware range to include opalware dinner sets (sold under the brand ‘Larah’), kitchen appliances, storage products, glass lunch boxes and stainless steel vacuum-insulated flasks and bottles. With increasing concerns around the health and environmental implications of plastic, Borosil is rapidly growing its range to provide consum- ers with convenient, safe and healthy alternatives such as the revolutionary glass lunch box. As per murmurs on D-Street, some key developments are likely to be announced in the coming days from the management and hence traders can take exposure in this stock for some quick gains.
AIMING HIGH
Suprajit Engineering Ltd.
BSE Code: 532509
CMP: Rs428.45
The stock has been an outperformer on a YTD basis as it has more than doubled on a YTD basis. And, interestingly, the stock has witnessed a good buying interest at higher levels with sources close to brokers suggesting that the next round of upward movement has begun and the stock is set to touch new highs in the coming weeks.
FIT AND FINE
Fortis Healthcare Ltd.
BSE Code: 532843
CMP: Rs276.35
Fortis Healthcare Limited – an IHH Healthcare Berhad company – is a leading integrated healthcare services provider in India. It is one of the largest healthcare organisations in the country with 36 healthcare facilities including projects under development, 4,000 operational beds and over 400 diagnostics centres including JVs. Fortis Healthcare is present in India, United Arab Emirates (UAE) and Sri Lanka. There is a buzz in the market that bull operators and HNIs are accumulating the scrip and this is evident from the strong uptick in the volumes. You too can jump on to the bandwagon and hope to make a quick buck!
MANAGING IT WELL
eClerx Services Ltd.
BSE Code: 532927
CMP: Rs2,466.40
eClerx provides business process management, automation and analytics services to a number of Fortune 2000 enterprises, including some of the world’s leading financial services, communications, retail, fashion, media and entertainment, manufacturing, travel and leisure, and technology companies. The stock is on the verge of breakout of Stage 2 consolidation pattern and as per one of the leading broking firm’s technical analyst, momentum traders with high-risk appetite can enter this stock ahead of the breakout because once the breakout materialises they might not get chance to enter this stock.
(Closing price as of Nov 15, 2021)