Kerbside

SAY NIPPO

Indo-National  BSE Code: 504058  CMP: Rs. 1037

Nippo is a household name in India. A name synonymous with batteries, manufactured by Indo National. The company has reported a decent set of numbers for the June and September quarters. According to market sources, the stock is likely to move in the northward direction over the coming days as there is a strong buzz that the company may come up with some development that may induce positive sentiments in the stock.

ROPE HIGH

Usha Martin BSE Code: 517146 CMP: Rs. 15.22

Usha Martin is a manufacturer of wire ropes and speciality steel in India. The company has a global base of wire rope manufacturing, with facilities located in India, the UK, Dubai and Bangkok. The company has reported narrowing of consolidated net loss at Rs. 68.13 crore for the quarter ended September 30, 2016. Additionally, as per the sources the company could be looking at raising steel prices by around Rs. 7000-8000 per tonne over the subsequent quarters in Q3 and Q4. Investors and traders with high risk appetite can enter the stock.

BUZZING NOW

Cummins India BSE Code: 500480 CMP: Rs. 808

Cummins India Limited, the country’s leading manufacturer of diesel and natural gas engines is one of the eight legal entities of the Cummins Group in India. It comprises of four business units - Industrial Engine, Power Generation, Distribution and Automotive. The stock has been moving in a range bound manner for quite some time. There has been a good accumulation in the stock over the past few trading sessions, which is evident from the increased volumes in the counter. Hence, one can look into the stock for short term gains.

AND FINALLY..

RPG Life Sciences BSE Code: 532983 CMP: Rs. 486

RPG Life Sciences, a part of RPG Enterprises, is an integrated pharmaceutical company operating in the domestic and international markets in the Branded Formulations, Global Generics, Synthetic and Fermentation APIs’ space. The company is a research based pharmaceutical company, producing a wide range of quality, affordable medicines. Market gossip is doing the rounds that a strong rally is expected in this counter in the very near term. The volumes have been increasing in the counter. One can look at the stock for some short-term trading gains.