The Bull-Bear-Connect

Wassup & down in D Street

Launching series on Bulls & Bears. These are direct feed from MoneyTimes. BizNewsConnect advises readers to exercise their own discretion

  • Since Vedanta rose 50% despite failing to delist and dud power scrips like JP Power and Ratan Power have doubled last month, Adani Power at Rs 44 is worth a punt for 50-100% gain. Institutions may insist on Rs.100 as the reverse book building price that they paid at its IPO.  
  • Japan has lifted inspection of black tiger shrimps last week. Apex Frozen Foods could rise by 20-30%.
  • Bombay Dyeing is gradually clearing its debt and turn debt-free. With vast tracts of land in the Worli-Dadar area, this Realty stock is headed for an up-move in coming months having made a bottom technically.
  • Banco Products and Eveready Industries recommended two weeks back have risen by 15-20% each. There's still steam left in these stocks and they may double from the current levels.  
  • An Ahmedabad analyst recommends to buy Aro Granite, Aimco Pesticides, Cochin Minerals, Chennai Petroleum, Dwarkesh Sugars, IOL Chemicals, Kopran Ltd., H P Cotton,   Khaitan Chemicals & Fertilizers, Madhav Marbles, Manaksia Ltd., Nath Biogenes (India), Saurashtra Cements, T. N. Petro, T. I. Global and Uttam Sugar.
  • Bajaj Auto plans to launch about six variants of electric 3- wheelers in 2021 made at a dedicated new plant. Add this share.
  • The world’s largest packaged foods company, Nestle, plans to invest around $3.6 bn over the next five years to counter climate change. The funds will be met mostly out of operational and structural efficiencies. A very big positive. Add.
  • Blue Star has orders worth Rs. 200 cr. for Covid-19 vaccine storage units and more such orders are likely. Buy this share both for the short and long term perspective.
  • Life insurance companies witnessed a decline in premium and new business in Q1 owing to the pandemic witnessed a buoyant Q2. Buy HDFC Life (Rs. 663) ICICI Pru (Rs. 466) and SBI Life (Rs. 848).
  • Ultratech Cement is very bullish with daily rise in volumes and price. The share is in for better times ahead. Add on declines.
  • Equitas Small Bank with most depositors in South India had 94% customers pay their EMIs after the moratorium ended in August. Hold this share for the long term.
  • NTPC is keen to prematurely buy back masala bonds up to Rs. 4000 cr. from the banks and bondholders. This indicates its surplus cash position. A safe buy at the current rate.
  • Force Motors reported a handsome rise in production and sales in November. All its business segments are faring well and exports too are rising. Buy this share with a two year horizon.
  • Goodyear India declared a dividend of Rs. 80 per share. Its strong profit numbers and the auto rally augurs well for its future. Add.
  • The markets are at all-time highs and it is time to switch to quality stocks. Waterbase is one such share available at a throwaway price of Rs. 123. Its share can rise by 50% in a few weeks. Buy for the short term.
  • Real Estate stocks are outperforming the Sensex. Omaxe is one such share that can benefit from rising sales and margins. Add.
  • Karnataka Bank is gradually rising. Around Rs. 58 and likely FY21 EPS of about Rs. 20, it is a safe investment bet. Add.
  • Poly Medicure, maker of medical devices, is planning a Rs 400 cr. QIP to boost production and reduce imports. Although the share is near its yearly high, at Rs. 531, there is ample scope for it to rise. Add.
  • Hindalco Industries is witnessing huge volumes.  The company plans to set up an 34000 TPA Aluminum Extrusion plant in Silvassa. Aluminum prices are also robust. Add in small quantities.
  • L&T has won multiple orders for its construction and mining business. The share is poised for a big rise. Add.
  • Allegations of mismanagement by a whistle blower on agrochemicals major UPL has put pressure on its share price. However the company is strong enough to withstand such turbulent times. Retain.
  • Sequent Scientific, which is into animal husbandry products, announced the launch of Citramox LA 150 for cattle and pigs in USA. More launches also slated soon. Add.
  • ADSEZ (Adani Ports) is in an expansion mode. With volumes picking up, it turned around Krishnapatnam and Dhamra ports earlier than anticipated. The share may cross Rs. 575 in the next two quarters. Buy.
  • BPCL’s refinery throughput has reached 100% of its pre-Covid levels on the back of rising demand. A good time to accumulate this share, which is also a divestment candidate.
  • Titan Biotech makes biological products for the food, pharma, veterinary, and other industries. It posted nearly six times profits in H1FY21. This 25 year old company is available at just around Rs. 149 and is a multi-bagger in the offing. Buy.
  • Heavy Engineering giant, ISGEC, has a technology tie-up with US based WHIF group for combustion system modifications of tangentially fired boilers. Around Rs. 290, this share is a good long term buy.
  • As a value unlocking exercise, Hinduja Global plans to hive off or demerge its healthcare vertical, which has immense scope and is a cash cow, into a new entity. It posted the highest Q2 EPS of Rs 39 and Rs 62 in H1FY21 and may post FY21 EPS of Rs 140. Buy.
  • Nava Bharat Ventures’ conversion agreement with Tata Steel Mining for conversion of 70, 000 TPA of high carbon ferrochrome up to 31 March 2025, augurs well for it. Going by its H1FY21, it may notch FY21 EPS of Rs 24. The share is the cheapest in the Metal space. Buy.
  • Kirloskar Oil Engines has notched 46% higher net profit in Q2FY21 is expected to garner FY21 EPS of Rs 12-14. The share can fetch a decent gain of about 20-25% in the medium term.  Accumulate.
  • eClerx Ltd, which provides critical BPO services to 50+ global Fortune 500 clients, posted 39% higher Q1 net profit and 35% higher H1FY21profit and is expected to post FY21 EPS of Rs 75. Buy for 20% gain.
  • Eldeco Housing has posted Q2 EPS of Rs 80 and H1FY21 EPS of Rs 117, which could lead to an EPS of over Rs 250+ on its small equity of Rs 2 cr. The share, which made a life-time high of Rs 2694 on 29 Jan 2018, is expected to double from the current level. Buy.
  • Indian Metals & Ferro Alloys posted Q2 EPS of Rs 16 and H1FY21 EPS of Rs 25 in H1FY21, which may lead to FY21 EPS of Rs 50. Its performance and healthy market conditions augur well for its future. Accumulate.
  • Cyient Ltd. focused on engineering, manufacturing, data analytics, networks & operations catering to critical sectors is being cornered by funds and HNIs. This global engineering and digital technology solutions provider may post FY21 EPS of Rs 40+ and the share could cross the Rs 500 mark. Buy.
  • Gujarat Industries Power has been allotted 4750 hectares to develop a 2375 MW Renewable Energy Park for Wind / Solar / Wind-Solar hybrid in the Kutch, Gujarat, on 40 years lease basis with scheduled completion of  50% capacity within 3 years and 100% within 5 years. Buy for the long term.

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