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.

REPUTED FOR RELIABILITY

NOCIL
BSE Code: 500730
CMP:Rs104.10

The company is part of the Arvind Mafatlal Group and has been involved in the rubber chemicals’ business for over four decades. Recently, the company filed an application for anti-dumping investigation on import of rubber chemicals, especially PX-13, which is a primary antioxidant. The DGTR have initiated the said case which essentially indicates that the authorities are prima facie convinced about the existence of dumping in India. The investigation process will be conducted as per the rules and sources indicate that some favourable outcome will be achieved in their findings, which could be a big boost for the stock. Further, international companies are very seriously looking at supply chains outside China and NOCIL is one of the most reliable suppliers of rubber chemicals out of China with additional volumes which are practically commissioned. Hence, there could be big re-rating on this stock. Grab it before it is too late!

POISED FOR POSITIVITY

M & M Financial
BSE Code: 532720
CMP: Rs193.30

Sometime back we had seen a stupendous run in the banking and financial stocks. Many stocks posted a good price spurt along with rise in volumes. However, several investors missed this rally. Meanwhile, the recent cool-off has provided another chance for those who missed the bus. M & M Financial is such one stock which could be bought now as dealers have indicated that there has been good buying interest from HNIs based on the expectation that the stock will start on another leg of upward movement soon.

COLOURFUL AS ALWAYS

Berger Paints
BSE Code: 509480
CMP: Rs510.40

Berger Paints is the second-largest paint company in India. It offers customers a variety of innovative painting solutions, decorative or industrial. The company’s Q4FY20 performance was below expectations as it was impacted by the pandemic and the resulting lockdowns. However, the stock appears to have stabilised after the fall and could be a key beneficiary of the post-pandemic recovery in demand. Channel check from the ground level indicates that recovery could be faster, led by small towns. This is a good stock to accumulate from a medium-term perspective.

COMMUNICATING WELL

Tanla Solutions
BSE Code: 532790
CMP: Rs87.70

Tanla is a Hyderabad-based company. It is a global leader in its domain as one of the largest cloud communication providers, handling over 200 billion business communications annually. Tanla Solutions is innovating the way the world communicates, continuously raising the bar through enhanced speed, ease and simplicity of cloud communication solutions, adopting cutting-edge technologies like blockchain, artificial intelligence and machine learning to meet the discerning needs of a diverse clientele from enterprises to carriers across geographies. There are strong murmurs on the street that something interesting is likely to be announced in the near term for this stock which may act as a booster. Hence, there are clear signs of accumulation of this stock. High-risk traders can join the bandwagon for some speedy gains.
(Closing price as of July 15, 2020).