DSIJ Mindshare

Kerbside

iStreet Networks: The company originally knows as Principal Pharmaceuticals & Chemicals started manufacturing Beta Blockers (Chemical). The promoter Pradeep Malu with his innovative approach, he redefined company’s business in 2013 and led the company’s foray into retail e-commerce segment in India. His vision has led emergence of iStreet Baazar is an internet retail store in a neighbourhood where a common man can buy products online with assistance from shop attendats. The number of transaction in this share has significantly increased to 18.72 lacs in FY15-16 from 0.38 lacs in FY14-15. Investors ready to take high-risk can buy the stock for a decent up-move as the grapevine suggests. Buzz on the D-Street is that the company has been expanding its retail presence aggressively in the semi-urban and semi-rural pockets across the country.

Live with Marriott

Viceroy Hotels: Viceroy Hotels is presently owning 297 room hotels under the Brand of 'Marriott,' 120-room hotel under the brand of 'Courtyard Marriott' in Hyderabad and 56-room hotel in Himayatnagar, Hyderabad. The stock has been moving higher in the past few trading sessions along with robust volumes. As per our sources, this stock is on the radar of some big investors and there is still some steam left in the stock. Hence, short-term investors and traders can possibly look for some up move in short term. Interestingly, recently Marriott ousted Taj Group of Hotels from its numero uno position when it comes to hoteliers industry in India.

Invest in IT

Sonata Software: A mid-size IT services company headquartered in Bengaluru, Sonata Software has its presence in the US, UK, Europe, APAC and Middle East. The company operates in two major business units: International IT services (IITS) and Domestic Products and Services (DPS). There is a strong buzz in the market that the stock may come out with an announcement that may induce positive sentiments in the stock. A cartel of HNI has been tracking the stock closely and at the same time has created long positions on the stock.

Climb Up

Centruy Enka: Century Enka is a part of the BK Birla Group and it produces nylon filament yarn, polyester filament yarn and tyre cords. It is one of the major players in the industry and almost a debt-free company. In the last couple of quarters, the company has seen remarkable improvement in the bottom line. According to market sources, the stock is likely to witness a further upward move, so high-risk investors can take a position in the stock to make some short-term trading gains.

DSIJ MINDSHARE

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