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

THE RIGHT EQUATION

MANALI PETROCHEMICAL LTD.

BSE Code : 500268
CMP : Rs105.25

Manali Petrochemicals is a chemical company developing innovative products since 1986 that find application in a variety of industries such as appliances, automotive, bedding, food and fragrances, furniture, footwear, paints and coatings, and pharmaceuticals. The stock is meeting all the characteristics and interestingly, the stock is also meeting the Warren Buffet rules of investing. The stock has gained over 20 per cent on a MTD basis and as per our sources this is just the beginning as the prospects which have turned bright. It could also see re-rating in the near term.

INSURED FOR PROFITS

ICICI Lombard General Insurance Co.

BSE Code : 540716
CMP : Rs1,626.75

ICICI Lombard General Insurance Company is one of the leading private sector non-life insurers in India. It offers their customers a comprehensive and well-diversified range of products, including motor, health, crop, fire, personal accident, marine, engineering and liability insurance through multiple distribution channels. As per the technical analyst of a leading broking firm, the stock is on the verge of a breakout and it could head higher once this happens. Hence, investors with high risk appetite can buy this stock.

FORMULA FOR WEALTH

LYKA LABS LTD.
BSE Code : 500259
CMP :  Rs87.50

Lyka Labs is one of the pioneers in the field of manufacturing pharmaceutical formulations and active pharmaceutical ingredients (APIs) across various therapeutic segments. During the past few decades, Lyka Labs has mastered and manufactured a wide range of pharmaceutical formulations at a WHO-GMP-certified and ISO 9001-certified manufacturing facility. There is a buzz in the market that bull operators and HNIs are accumulating the scrip. You too can jump on to the bandwagon and hope to make a quick buck!
 

SAILING IN SMOOTH WATERS

Mazagon Dock Shipbuilders Ltd

BSE Code : 543237
CMP : Rs257.15

Mazagon Dock Shipbuilders is one of India’s leading defence public sector undertaking shipyards under the Ministry of Defence. The company primarily undertakes construction of warships and submarines along with outfitting works in its workshops and facilities in Mumbai and Nhava. With its increased capacity and well-trained personnel, the company is poised to tap the export markets for marine platforms and heavy engineering products along with offering a wide range of services in shipbuilding, ship repairs and refit. Furthermore, technically, the stock is poised for a big upward movement.

(Closing price as of Sept 20, 2021)