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

PICKING UP PACE


ELGI EQUIPMENTS
BSE Code: 522074
CMP: Rs204.40

Elgi Equipment’s Limited is a global air compressor manufacturer with a broad line of innovative and technologically superior compressed air systems. On a year-to-date basis, the stock is up by about 30 per cent. Technically, the structure of the stock looks attractive and moreover, the stock has an RS rating of 82 which is good, indicating outperformance as compared to other stocks. Further, our birdy from the dealer room has informed that the stock is being accumulated by an informed HNI group as they anticipate a big surge in the stock prices. You too can jump on to the bandwagon and hope to make a quick buck! 

FIT AND FINEATTRACTING ATTENTION

SBI Life Insurance Company
BSE Code: 540719
CMP: Rs971.85 

The stock has gained nearly 7 per cent month till date. The technical analyst of one of the leading broking firms has recommended this stock to his HNI clients as he feels that the stock is ripe for a strong up-move in the coming weeks. As per his view, the stock has potential to touch the four-digit mark in the near term. Risk-takers can go for this stock and hope to make a quick buck.

IDEAL FOR RISK-TAKERS

Max Ventures & Industries
BSE Code: 539940
CMP: Rs62.85

Max Ventures & Industries Limited, a part of the leading Indian multi-business conglomerate Max Group, owns and operates a real estate business through its 100 per cent subsidiary, Max Estates, and a packaging films business through Max Speciality Films, a 51:49 strategic partnership with Toppan, Japan. Sources close to big investors indicate that some interesting development is likely to take place in this stock and soon it could be the talk of the town. Big investors have already started accumulating this stock; traders with risk appetite should act before it’s too late. this stock; traders with risk appetite should act before it’s too late

ATTRACTING ATTENTION

Shemaroo Entertainment
BSE Code: 538685
CMP: Rs73.30

The company is a leading India content powerhouse with a global reach, which has been playing a pioneering role in the arena of content ownership, aggregation and distribution. It delivers premium content experiences in more than 30 countries, across age groups and several Indian languages in genres such as movies, comedy, devotional, music, regional and kids. The stock has been a big laggard; however, as per our sources the stock could see a turnaround in its fortune and could be a bet for traders with high-risk appetite in the medium term.

(Closing price as of March 09, 2021)