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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

SMALL IS BIG

AU Small Finance Bank
BSE Code: 540611
CMP: Rs1303.90

AU Small Finance Bank Limited (AU Bank) is a scheduled commercial bank, a Fortune India 500 company. Starting its journey from the hinter- lands of Rajasthan, today AU Bank is the largest small finance bank with a deep understanding of the rural and semi-urban markets. This has enabled it build a robust business model facilitating inclusive growth. The bank reported a resilience performance in a challenging environment with the asset quality remaining stable while PAT grew by 15 per cent in Q1FY22. It has launched a credit card and is the first and only small finance bank to do so. Furthermore, it has also ventured into digital banking and seems perfectly poised for a good move in the medium term. 

MOVING TECHNOLOGICALLY FORWARD

L&T Technology Services
BSE Code: 540115
CMP: Rs3,700.90

L and T Technology Services is an engineering services company based in Vadodara, Gujarat. It operates as a subsidiary of the conglomerate Larsen and Toubro Limited. The stock, after a decent run-up, has seen a formation of a volatility contraction pattern and when this volatility contraction pattern matures a swift move is quite possibly in the stock as per a leading technical analyst who is working with a very well-known broking house. Hence, traders with high-risk appetite can take a bet on this stock. 

CREATING PROFITABLE FORMULAS

Ipca Laboratories
BSE Code: 524494
CMP: Rs2397.40 

The company is a fully integrated pharmaceutical company with a strong thrust on exports. Ipca Laboratories is vertically integrated and produces finished dosage forms (PDFs) and active pharmaceutical ingredients (APIs). Technically, the stock is in the pink of health as it has witnessed a breakout backed by above average volumes. As per the murmurs from the dealers’ room, the right-hand man of big investors is seen accumulating this stock and testimony of this is the recent spike in volume along with rise in the price. You too can jump on to the bandwagon and hope to make a quick buck! 

IN A POSITION OF POWER

Dynamic Cables
BSE Code: 540795
CMP: Rs55.30

Dynamic Cables Ltd. is a manufacturer of power infrastructure cables that includes LT, HT, EHVC, power control and instrumentation cables, flexible and industrial cables, solar cables and railway signalling cables. It supplies cables to government distribution companies, private EPC contractors and industrial entities. It is also engaged in exports. This stock is one of the overlooked ones. The company is set to benefit from various new segments such as electric vehicles, railway electrification, etc. It is also focusing on increasing its market with sustainable growth visible in the export segment. This stock could be a dark horse! 

(Closing price as of Aug 10, 2021)