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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  

HEALTHY AND WEALTHY 

Laurus Labs                                                 
BSE Code: 540222                               
CMP: Rs 454.90 

Laurus Labs is a leading developer and manufacturer of generic APIs with focus on products where it has cost leadership, led by innovation in process chemistry and manufacturing efficiencies. Apart from manufacturing APIs, the company develops and manufactures oral solid formulations and provides contract research and manufacturing services to other global pharmaceutical companies. The stock has witnessed a robust upward movement of 10 per cent on Tuesday along with sensational volumes. The average 10-day and 30-day volumes are approximately 4.95 and 2.25 lakhs, respectively. However, on Tuesday the stock recorded volumes of 17.89 lakhs. As per dealers, several foreign institutions are picking up this stock. There also are rumours that one of India’s leading pharmaceutical stock-pickers is placing his bets on this stock. 

CREATING NEW EQUATIONS 
GMM Pfaudler
BSE Code: 505255
CMP: Rs 3427.45 

GMM Pfaudler Limited is a leading supplier of engineered equipment and systems for critical applications in the global chemical and pharmaceutical markets. Its success is based on close and continuing interaction with its customers, application engineering expertise, innovation, customer support and a competitive cost structure. The stock has recently registered an all-time high. As per dealers, there is a lot of demand from institutions and high net worth individuals for a large chunk of the stock. But, at the moment, there are no block sellers. The stock is likely to continue its outperformance and reach new highs in the coming weeks. 

GETTING POWERFUL 

CESC
BSE Code: 500084
CMP: Rs 607.25 

CESC is India’s first fully integrated electrical utility company and has been on an epic ride ever since 1899 in generating and distributing power in Kolkata and Howrah. The stock has recovered more than 65 per cent from the lower levels and is outperforming the benchmark indices. The upward movement in the stock price has been on the back of substantial rise in volumes. From a technical perspective, a price rise with an increase in volume confirms that the price movement has gained in strength. Also, according to the market grapevine, an old fox of D-Street is active in this stock and has been accumulating it. Hence, traders too can jump on to the bandwagon and hope to make a quick buck! 

SHINING BRIGHT 

Titan Company Limited
BSE Code: 500114
CMP: Rs 936.70 

Titan’s jewellery division’s revenue, which accounts for nearly about 80 per cent of the company’s total revenue, declined by 5 per cent due to lost sales in the month of March. Revenue growth for the months of January and February was at about 16.5 per cent. To recoup lost ground, the company is now preparing to roll out a digital initiative for customers who may want to purchase gold on the occasion of ‘Akshaya Tritiya’, which is the second most important festival for the company after ‘Dhanteras’. Further, in the wake of the outperformance of gold in recent times, the yellow metal is being seen as an interesting asset class, especially by the salaried class of investors. Therefore, this may have a positive impact on the stock in the short-medium term. 

(Closing price as of Apr 21, 2020)