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.

GO GAIL

GAIL

BSE CODE: 532155 CMP: Rs.419



GAIL is the largest state-owned natural gas processing and distribution company in India. According to market sources, it is likely to witness northward move in the coming days. There is a strongbuzz in the equity markets that the company may come out with an announcement soon 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. Investors with good amount of risk-appetite, may try out GAIL at this time.

HIGH ON HIGHWAY

WELSPUN INDIA

BSE Code: 514162  CMP:  56.45

Welspun India operates within the highways and street construction sector. The stock has witnessed up-move in the last week along with jump in the volume. It is heard on the Dalal Street that many big ticket investors and market participants are keeping a close watch on the company and they are slowly building their positions in the stock. Those with a high risk appetite, can consider this stock for short term gains and be a part of the happening in and around the company.

IT'S HOT, HAPPENING

TATA GLOBAL BEVERAGE

BSE CODE: 500800 CMP: Rs.152

Tata Global is a beverage company engaged in the trading, production and distribution of tea, coffee and water. The company's principal activities include processing and blending of tea, including manufacture of instant tea. As per market sources, the company wants to increase its focus on India, brace its presence in Asia and the Middle East and re-evaluate stressed businesses. Hence, if these developments take place, it's a good thing for the company and the stock may regain its sheen. The stock can be looked at from a short-term perspective if market buzzes are to be believed.

SMALL BUT SIGNIFICANT

SMITH & FOUNDER

Smith & Founders India is in talks with a number of European automobile ancillary companies for picking up stakes and also sourcing of auto ancillary products from the company. These companies are mainly acting as OEMs for leading global automobile brands, sources in the markets say. Smith & Founders is also planning to set up a new state-of-the-art manufacturing unit which would cater to the future demand coming from these global players. The stock according to our sources in the markets, may experience an upward movement from here considering all the developments in the company at this time. One can pick Smith & Founders and invest for gain as the current buzz on Dalal Street makes us to believe.