We are excited to bring to you a weekly column ‘MONEY TIMES TALK’ a very popular round up of stocks / equity markets (BSE / NSE) live news and updates and subtle recommendations from Money Times.

 • The freeze period of Yes Bank has got over and its share price has come down, which provides an excellent opportunity to add this potential multi-bagger. Buy and hold for two years.

• TGV SRAAC posted 9M EPS of Rs 30.81 against Rs 6.14 YoY and may post FY23EPS of Rs 42. It trades at a PE of just 2.61x against the industry average of 47x and a PB ratio of just 1.05x against industry average of 8.72x. Stock is poised to give surprising returns in FY24. Buy.

• JK Tyres has made a QIP allotment of CCD worth Rs.240 cr. to IFC to fund its expansion plans. Its profitability is on the rise. Buy.

• Praveg has secured a work order for the development, operation, maintenance, and management of a Tent City at Diu. Accumulate.

• Kirloskar Ferrous has completed the installation of HPML at the Solapur plant worth Rs.170 cr. Add.

• The USFDA has cleared the Granules India’s step-down subsidiary in the consumer and hygiene business spread over 79000 sq ft in US. It is constantly reporting better profits. Add.

• The soaring volumes on the counter of Aarti Drugs is a pointer to some good news in the coming weeks. Risk-bearing investors may add.

• Ahluwalia Contracts has bagged a hospital construction contract in Mumbai for Rs.723+ cr. Accumulate.

• The recent slide in volumes and prices of shares across the board could not dent the price of Hari Om Pipes. There is definitely some good news in the offing. Add.

• In spite of severe pressure on the entire banking sector, Karnataka Bank has stood out tall. The current working is suggestive of a big breakout. Add for the long term.

• Polyplex Corporation price has been dragged from a year high of Rs.2870 to Rs.1274. It has an EPS of Rs.168 and a P/BV of 0.75x and is available at a P/E of just 7.54x. Buy for the long term.

• Adani Enterprises promoted Adani Petrochemical project of PVC from Coal is suspended and the fundraising of around Rs.34000 cr. Stay away till the dust finally settles.

• GNFC is the sole manufacturer of Aniline and caters to 31% of the Indian markets. Add on dips.

• The promoters of Marksans Pharma are buying its shares, which indicates that it is poised for better times ahead. Accumulate.

• Paras Defence has bagged orders from the Ministry of Defence. Add this defence major.

• Royal Enfield plans to launch its first e-bike in two years. Eicher Motors does not plan to hive off this division. Add for the long term.

• Reliance Industries has now decided to venture into the hospitality sector by planning hotels and resorts in Gujarat, through its wholly-owned subsidiary. Add.

• Lupin has received USFDA approval to make Brexpiprazole tablets. A big positive. Add.

• Hindustan Zinc’s interim of Rs.26 may be followed by more such dividends to augment the resources of its parent, Vedanta Resources, for its upcoming semiconductor plant. Add.

• The Air Chief Marshal has reiterated that the Indian Air Force has to become an Aerospace Force to prepare for the future. A big positive for HAL. Buy for the long term.

• GPIL has declared a buyback price of Rs.500 as against the CMP of Rs.346. Buy and tender in the buyback program.

• Glenmark gets USFDA’s trial nod on its application of solid tumours and lymphoma drug Phase 1 &2. Buy for 25% gain.

• Voltas has bagged orders worth Rs.1770 cr. for power distribution and solar projects. Accumulate.

• Rail Vikas Nigam is the L1 bidder for projects worth Rs.112 cr. It has formed a joint venture with Jakson Green large scale EPC clean energy projects in MENA, CIS and APAC countries. Buy on dips.

• Glenmark Life Sciences declares a dividend of Rs.21 for FY23. This dividend paying counter looks good for the long term.

• Jubilant Ingrevia has bought 38% stake in associate company Mister Veg Foods for Rs.2.12 cr. for synergies in the nutrition business. Add for the medium term.

• ICICI Prudential MF bought 6.41 lakh shares, SBI MF bought 14.69 lakh shares and Societe Generale – ODI bought 3.28 lakh shares of multiplex chain operator PVR at an average price of Rs.1559.4. Keep it on your radar.

• Shreyas Shipping & Logistics has taken delivery of one container vessel M.V. SSL Godavari. This vessel is 2872 twenty-foot equivalent unit-TEU (35,538 DWT). Add.

• J Kumar – AICPL joint venture of J Kumar Infraprojects has received a LoA for the construction of an airport depot for Bangalore Metro Rail Project – Phase – 2B for Rs.182.3 cr. Buy for 30% gains.

• IRCON International notched 43% higher Q3 EPS of Rs.2 and 46% higher 9M EPS of Rs.5.4, which may lead to FY23 EPS of Rs.8.5+ as against Rs.6.3 in FY22. Buy for 40% gain.

• J&K Bank notched 82% higher Q3 EPS of Rs.3.2 and 88% higher 9M EPS of Rs.7.4, which may lead to FY23 EPS of Rs.11+ as against FY22 EPS of Rs.6. Buy for 30% gain.

• Chamanlal Setia notched 180% higher EPS of Rs.7.2 in Q3FY23 and 88% higher 9M EPS of Rs.15.4, which may lead to FY23 EPS of Rs.23+. Buy for 30% gain.

• Repco Home Finance notched 138% higher Q3 EPS of Rs.13.3 and 51% higher 9M EPS of Rs.37.1, which may lead to FY23 EPS of Rs.47+ as against Rs.31 in FY22. Buy for 30% gain.

• Prakash Pipes garnered Q3 EPS of Rs.5.6 and 9M EPS of Rs.14.9, which may lead to FY23 EPS of Rs.22+. Buy for 30% gain.

• JBM Auto has posted revenue of Rs.3920 cr. with profit of Rs.183 cr., which is its highest ever performance. Demand for EV buses is rising which is a big positive. Add for the long term.

• Va Tech Wabag has an order book of Rs.10000+ cr. while its 9M PAT grew 43%. Rekha Jhunjhunwala holds 8.04% stake in the company. Add for good returns.

• T D Power Systems’ 9M sales stood at Rs.622.45 cr. and profit at Rs.61.46 cr. Stock is making new highs in this weak market as demand in this sector is strong.. Add for good returns.

• Cinevista has announced joint development of its land at Village Hariyali, Kanjurmarg with K. Raheja Corp. Keep it on your radar.

• Larsen & Toubro is the best bet for now as it’s a great beneficiary of the infra and defence push. Its IT subsidiaries are its cash machines.

• ITD Cementation is the only listed MNC in the infrastructure space. Its low debt and specialised skills make it stand out.

• IRFC is the best bet in the Railways infra space. Guaranteed returns and low valuation make it most attractive.

• GIC Housing is attractive at a PE valuation of just 4x and BV of 0.5x with declining net NPAs over 4 quarters and rising profit margins. Buy for 50% gains in 1 year.

• Prima Agro makes 180000 TPA of cattle feed pellets. Its stock trades at a PE of just 5x and it has MF investments equal to its market cap. Buy for 40% gains in 1 year.

• Varanium Cloud has won new blue chip clients in Europe and Africa for VOIP Saas and 3 clients for Eaas Services, which will boost its growth prospects after the bonus and share split announcement. Add.

Disclaimer: The views and investment tips expressed by investment experts on Money Times are their own; however does not guarantee the accuracy, adequacy or completeness of any information. Readers are advised to check with certified experts before taking any investment decision.


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