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 

CONSUMER SPENDING 

Whirlpool Of India 
BSE Code: 500238 
CMP: Rs2225.75 

Maximum consumer spending is likely to occur in sectors such as Food, Housing, Consumer Durables, and Transport & Communications. This increasing purchasing power coupled with higher penetration and parallelly fuelled by e-Commerce, continues to drive the growth. Further, Whirlpool is eyeing a bigger pie from the water-purifier category, where it has already marked its presence for some time now - with a new product range that comes with India’s first Do-It-Yourself (DIY) Filter Replacement. Moreover, it has also focused on strengthening its foothold in the Front Load Washing Machine category, by increasing the brand footprint. All-in-all, the stock has been well placed to benefit the portfolio of investors.

ACCUMULATION 

Torrent Pharmaceuticals 
BSE Code: 500420 
CMP: Rs1934.25 

This company has seen good buying interest in the recent times. As per the market buzz, smart investors have been quietly trying to accumulate their shares in the company. Though, Torrent might witness a spurt in the prices for a short term but those willing to take some risk could buy the scrips for their gain. 

STRONG BASE 

Berger Paints 
BSE Code: 509480 
CMP: Rs500.75 

This company which is one of the best performers for the Calendar Year 2019 has recently taken a pause and has been moving sideways. However, one of the leading technical analysts from a broking firm is of the opinion that Berger Paints is likely to scale higher in the coming days as it has already formed a strong base and is set for next round of up move. Hence, high risk taking investors might acquire some stocks in here according to their risk appetite, in order to experience some short term gains

FAST GAINS 

Lux Industries 
BSE Code: 539542 
CMP: Rs1347.05 

The news is that there is a strong accumulation going on in the stock by High Net worth Individuals (HNI’s), as they are expecting some positive announcement in the coming days. Lux Industries is one of the leading innerwear companies with a 14-15 per cent market share in the organized Men’s innerwear market. The company manufactures more than 100 products across 15 brands. Further, catalyst for the stocks per capita inner wear expenditure is expected to double to Rs300 and innerwear market of Rs27,931 crores is projected to grow at 10 per cent CAGR to Rs74,258 crore by 2027. Therefore, the stock can be an ideal pick up for short-medium term gains.