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

PROFIT FROM IT 
GIC Housing Finance
BSE Code: 511676 CMP: 506

GIC Housing Finance Ltd. is engaged in the housing finance business. The company’s primary business is granting housing loans to individuals and to persons/entities engaged in construction of houses or flats for residential purposes. The company aims to add more branches in FY18. The management is confident of seeing growth in asset under management (AUM) on back of government’s focus on affordable housing. As per our sources, a cartel of HNI has been tracking the stock closely and at the same time has created long positions on the stock.

PROFIT WITH CAUTION 
Rane Brake Lining
BSE Code: 532987 CMP: 1102

The Chennaibased company, Rane Brake Lining, manufacturer of brake linings and disc pads has reported a strong financial performance in FY17 on the back of robust demand from Indian OEMs in the passenger vehicle segment. The company is likely to do well in the coming year as well. One can look at the stock for short term perspective and there is a strong buzz around about the company’s stock price going up from this level.

WHISPERING PROFIT
Motherson Sumi Systems
BSE Code: 517334 CMP: 423

The board of directors have recommended one bonus share against the two existing shares held by its shareholders. Further, they have also recommended a dividend of `2 per share for FY17 and this news certainly pushed the prices to all-time high level and as per the whispers on the D-Street, stock price of the company is likely to soar higher as rising order book and commissioning of new plants at its international subsidiaries will help bring in more revenues as well as margins for the company. The uptrend is likely to continue in the stock as we hear the whispers

AND FINALLY..
Gulf Oil Lubricants
BSE Code: 538567 CMP: 582

Gulf Oil Gulf Oil Lubricants India Limited (GOLIL), part of Hinduja Group, is an established player in Indian lubricant market. It markets a wide range of automotive and industrial lubricants, greases, 2-wheeler batteries, etc. The Gulf Oil International Group’s core business is manufacturing and marketing an extensive range consisting over 400 performance lubricants and associated products for all the market segments. For the year, annual growth of the lubricant industry is estimated to be 2-3 per cent. Whereas, the company has recorded