2023-01-04 12:42:07
TOWER TALK 4/1/23
High risk, high reward bearing investors can look at Balkrishna Industries and Gokaldas Exports.
Bonlon Industries, manufacturer of copper wire and rods, is on an expansion spree and eyeing more countries to export to. Add.
NSE listed Ajooni Biotech has bagged an export order for its cattle feed products after the success of its Rights issue that will boost profitability. Keep an eye.
Easy Trip Planners of ‘Ease My Trip’ fame, a leading online travel platform, is offering referral incentives & discounts to shareholders. Its entry in Middle-East markets with its tie-up with Go Air First airline could boost its prospects.
IRB Infrastructure Developers’ SPV, Udaipur Tollway Ltd., has raised Rs 700 cr. through NCDs on a private placement basis to refinance project debts. Kotak Bank has given the stock a Buy call.
Dev Information Technology has acquired a blockchain co. and sold majority stake in Dev X, which will improve its prospects with the proceeds.
HKG Ltd.’s takeover by sugar industrialist, Lava Katti, will benefit by the reduction in GST on ethanol-based companies. Add.
Gautam Gems, a processor & polisher of diamonds, is diversifying into wind and solar energy. Buy.
Ducon Infratechnologies, a fossil fuel/clean energy company has ventured into Green energy via Hydrogen fuel. Keep this micro-cap on your radar.
Allied Digital Services is an IT Services co. into designing, developing & deploying digital solutions with end-to-end IT infra services, enterprise applications and integrated solutions. Stock trades at PE of just 8x. Buy for 50% gains in 1 year.
Summit Securities, holding co. of the RPG Group with Rs 5800 cr. in Ceat, Zensar Tech., KEC Int’l, etc. and Rs 300 cr. in mutual funds, PMS, Spencer & Co. trades at 89% discount to NAV- much lower than other groups. Buy for 50% gain in 1 year.
8.1K views09:42
S
