KERBSIDE
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PTC INDIA: PTC India during Q4FY16 reported a strong 55 per cent Y-o-Y jump in traded volume at 9.8bn units, which was marginal ahead of market estimates. This has been the highest quarterly growth trailing 20 quarters. Since then the stock has seen a lot of interest from the fund managers and HNIs. Market sources suggest that there is still some steam left in this counter. Hence, the stock might potentially prolong its uptrend in the coming trading sessions.
RAIN BLESSINGS
Gujarat Ambuja Exports: Agro related stocks once again hogged limelight after Indian Meteorological Department (IMD) announced that monsoon rains have covered nearly half of the country. Gujarat Ambuja Exports is in manufacturing, exports and international business of diverse agro-based commodities. It has been heard that the stock price is likely to witness more northward in upcoming days. The stock can be looked at from a short-term perspective.
Tata Communication: This stock after showing stellar performance in the month of May, has been moving in a range during the second week of June. Volumes have started picking up and the stock is likely to witness further upward momentum as certain developments are likely to take place in the company as per the sources. Therefore, investors can consider this stock for short-term trading gain.
ORIENTAL CHOICE
Oriental Carbon and Chemicals: Oriental Carbon and Chemicals is owned by the JP Goenka Group of companies and is one of the market leaders in the production of insoluble sulphur for the tyre and rubber industry around the world both in terms of quality and quantity. As per market talks, the company has got an entry in the North American markets along with adding new clients and this development can act as a major trigger for the stock in the short term.