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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

IN HEALTHY SPIRITS 

Ajanta Pharma
BSE Code:532331
CMP: Rs 1077.40 

Ajanta Pharma Limited is a speciality pharmaceutical company engaged in development, manufacture and marketing of quality finished dosages in domestic and international markets. The company has a well-diversified and de-risked business model with branded generics in India, Asia and Africa, generics in the US and institutional business in Africa, comprising a wide range of products, in more than 30 countries. In Q2FY20 its revenue grew 18 per cent YoY, aided by 13 per cent YoY growth in its domestic business, 34 per cent in its Asia generics business, and 39 per cent growth in its US business. The stock has staged a smart recovery from lower levels along with decent volumes and if our sources are to be believed this could be the dark horse in the pharmaceutical space.

CHARGED UP 

Amara Raja Batteries
BSE Code: 500008
CMP: Rs 759.35 

There is a buzz in the markets that HNIs and smart traders have been stacking up shares of Amara Raja Batteries over the last week or so. The stock has seen its trading volume jump by almost 10 per cent as on January 9 as compared to its average of 10 days. The chatter is on the street that this stock is headed northwards as market participants expect re-rating in this stock. Risk-takers can go for this scrip and hope to make a quick buck.

FLYING HIGH 

JK Paper
BSE Code: 532162
CMP: Rs 136.95 

Shares of paper manufacturing companies were buzzing on D-Street on the back of heavy volumes on expectation of some big announcement in the coming days. Among the individual stocks, JK Paper has been a favourite as per the technical analyst of a leading broking firm and it may give a quick up-move in the near term. Hence, traders can take exposure in this stock for some trading gains.

GETTING COLOURFUL 

Berger Paint
BSE Code: 509480
CMP: Rs 530.15 

Traders have been stacking up on shares of paint companies over the last couple of trading sessions. Berger Paints has seen its trading volumes jump to almost double as on January 14 compared to its average of the past 10-days. The chatter on the street is that the distributers of the paint companies have had an outstanding festive season and this would be reflected in the upcoming results.