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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

MARKET LEADER 

Pidilite Industries
BSE Code: 500331
CMP: Rs.1233 

The company is market leader in adhesives. It has a diverse portfolio of products ranging from adhesives, sealants, waterproofing solutions and construction chemicals to arts & crafts, industrial resins, polymers and more. Its popular product is Fevicol, which has become synonymous with white glue. The talk on the street is that the stock has been bought by smart investors and high net worth investors in the last few weeks and it is quite evident from the rise in the volumes. You too can jump on to the bandwagon and hope to make some quick buck! 

MAJOR ORDER 

Laurus Labs
BSE Code: 540222
CMP: Rs.388.60 

The company has entered into a strategic partnership agreement with Global Fund for a period of 3.5 years. Through this long term agreement, Laurus Labs will have the volume commitments from the Global Fund for the treatment of HIV/AIDS. This is the maiden order for Tenofovir/ Lamivudine/Dolutegravir 300/300/50mg (TLD) after the company received a tentative approval from the USFDA in February 2019. This is very significant for the company and this big booster should push up its share price. 

STRONG EARNINGS 

Heidelberg Cement
BSE Code: 500292
CMP: Rs.176.00 

The company reported strong set of Q3FY19 earnings. Its revenue increased by 15% YoY, led by rise in volumes and growth in realisations. In the central region, from where the company derives a lion’s share of its sales, our sources suggest that the demand outlook in the region will be healthy on the back of strong government spending on rural and affordable housing/infrastructure sector and superior sentiments compared to other regions. This is positive for the company. Investors with medium term view can buy this stock. 

AND FINALLY.. 

Future Retail
BSE Code: 540064
CMP: Rs.456.90 

Future Retail reported decent Q3FY19 numbers with revenue, EBITDA, PAT growth of 13%, 29%, and 10% YoY, respectively. Big Baazar (BB) delivered another decent quarter with SSSG at 10.1% in Q3FY19 on a higher base of 13.1% in Q3FY18. Hypercity turned EBITDA positive and EBITDA margin for Q3FY19 stood at 3.6% vs -6.7% in Q2FY19. As per the buzz on the Dalal Street, the stock is likely to come out with some positive development, which will further strength the company’s growth prospects. Hence, traders with high risk appetite may add this stock to the portfolio.

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