KERBSIDE
B L Kashyap & Sons: Building Wealth
BLKASHYAP | BSE Code: 532719 | Volume: 5,77,574 | CMP: Rs 14.28
The volumes in the counter have seen a sharp up-tick and the prices have moved up accordingly over the past few trading sessions. It is expected to show a better price performance going ahead as well. The company can be a turnaround candidate as it has posted robust result and has reported profit of Rs 2.04 crore after continuous losses in the earlier quarters. The stock can be looked at from a short-term trading perspective.
Century Plyboards: Positive Buzz
CENTURYPLY|BSE Code: 532548 | Volume: 65,992 | CMP: Rs 183.85
Century Plyboards is a leading player in the fast-growing plywood and laminate segment with an overall share of 25 per cent of the organised plywood market. GST is likely to be a game-changer for the plywood sector. It is expected the large indirect tax gap between unorganised and organised sector will narrow, thereby providing a level playing field. The implementation of GST will open up an opportunity to tap into the unorganised market whose size is about two times that of the organised market. Considering the above factors, the stock is likely to witness an uptrend in the short term.
VRL LOGISTICS: Power Play
VRLLOG|BSE Code: 539118 | Volume: 1,56,148 | CMP: Rs 434.50
The winter session of the parliament is scheduled to start on November 26, 2015. The government is keen to pass the GST Bill in this session and has made strong efforts to ensure that it is done. Considering this, our sources suggest that logistics’ stocks will be in focus and out of them VRL Logistics is one stock that is likely to register smart gains. Hence, investors and traders can look forward to buy this stock for the momentum play.
Globus Spirits: Spirited Growth
GLOBUS SPIRITS |BSE Code: 533104 | Volume: 10,90,930 | CMP: Rs 77.90
The volume in this counter is on a higher side and the stock is witnessing good buying interest over the last few sessions. It is expected to show further improvement in its price from the current levels. Some big HNIs and domestic fund houses have taken a long position in the counter and are expecting the stock to move further upwards. Currently the stock is trading at 40 per cent of discount of the book value. One can look at the stock from a short-term trading perspective.