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

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WORST IS BEHIND 

Titagarh Wagons
BSE Code: 532966
CMP: Rs172.40 

Wagon manufacturers had been battling low capacity utilisation and consequently profitability issues since last few quarters as the last sizeable wagon award from the Indian Railways (IR) was in May 2016. However, the IR recently awarded a tender for 9,500 wagons. If the murmurs on Dalal Street are to be believed, the worst is now behind for the wagon industry and this could change the fortunes of the wagon manufacturers. Titagarh Wagons is one stock which will benefit immensely from this announcement. The stock could see good times ahead 

PICK UP IN DEMAND 

Bharat Forge:
BSE Code: 500493
CMP: Rs734.95 

The company, which gets about two-thirds of its revenue from overseas, expects a strong pick-up in demand for trucks in North America. The North America Class 8 truck orders increased sharply by 77 per cent YoY in December to 37,200 units, and even on MoM basis, the truck orders surged 15 per cent. With its US truck sales growing rapidly and expectations of strong improvement in global capex cycle, Bharat Forge could be the stock to watch out for. The company’s foray into defence and its potential in the next couple of years could also be huge. An excellent buy. 

BUSINESS EXPANSION 

Thomas Cook
BSE Code: 500413
CMP: Rs258 

India’s leading integrated travel and travel-related financial services company has strengthened its presence in North India with the inauguration of a flagship store at Connaught Place. This expansion augments Thomas Cook India’s total number of outlets to 16 consumer access centres with 6 owned branches and 10 Gold Circle Partner (franchise) outlets in Delhi and totally 42 consumer access centres with 13 owned branches and 29 Gold Circle Partner (franchise) outlets in North India. Market gossip is doing the rounds that a strong rally is expected in this counter in the very near term.

AND FINALLY.. 

Gati
BSE Code: 532345
CMP: Rs147.90 

Gati today delivers across 99 per cent districts in India, with a strong presence in Asia-Pacific region and SAARC countries as well. With an integrated technological system network across air, rail and road platforms, a nation-wide warehouse presence, complete e-commerce logistics, integrated cold chain solutions and trading solutions, the company is able to provide end-to-end supply chain solutions to millions of customers. The price movement in this counter over the recent past has been very good with large volumes. The stock price is expected to see further upmove. Some HNIs and big market punters have initiated long positions in the stock and are expecting it to move in the northward direction.