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

PLAYING FOR BIG BUCKS JM

Financial
BSE Code: 523405
CMP: Rs91.40 JM

Financial is an established financial services’ player with presence in fundbased activities, investment banking, securities, alternative asset management and asset management businesses. As per our sources, not one but multiple HNIs from Kolkata and Delhi are accumulating this stock as they believe it is available at a throwaway price with the potential to reach triple-digit price in the medium term. The rising volume over the last couple of trading sessions is testimony of the stock witnessing interest from smart money. Furthermore, the consistent rising delivery volume reaffirms that smart money is not looking for a single day move as on December 14-15 the delivery volume was 80.42 per cent and 60.75 per cent, respectively.

KING OF GOOD TIMES

UBL
BSE Code: 532478
CMP: Rs1,157.15

The company owns the famous beer brand ‘Kingfisher’, a name synonymous with beer in India. In Q2 the company saw a sequential improvement in total revenue from its operations. Further, with Odisha, Andhra Pradesh and West Bengal introducing a new excise policy for beer, the product’s price has decreased, attracting greater consumer interest. The company has reduced its net debt by 27 crore and interest cost was down by 20 per cent in the first half. This stock could be the ‘king of good times’ in your portfolio

STRONG AS STEEL


Kalyani Steels
BSE Code: 500235
CMP:Rs263.15

Kalyani Steels is a part of the over USD 3.0 billion Kalyani Group. The company is a leading manufacturer of forging and engineering quality carbon and alloy steels using the blast furnace route. The company has a clean balance-sheet and strong promoter entity. Furthermore, the stock has seen good activity from mutual funds which have increased their holding from 3.21 per cent 5.12 per cent in the September quarter. Institutional investors too have shown great interest in the stock as they have increased holdings from 5.92 per cent to 7.5 per cent in the September quarter.

A DARK HORSE

Oberoi Realty
BSE Code: 533273
CMP: Rs534.05

Oberoi Realty is India’s leading real estate development company, headquartered in Mumbai. It is focused on premium developments in the residential and office space as well as retail, hospitality and social infrastructure verticals. In the real estate space, Oberoi Realty is an established brand with an impeccable track record. Some murmurs are going on in the street that this stock could be a dark horse. We have double-checked this gossip with a leading technical analyst and found him quite bullish about the stock’s performance on the Nifty Realty index. In his opinion, the stock could witness a good up-move in the coming weeks.