*Gallantt Ispat* invested Rs.300 cr. on its 7,92,000 TPA Pellet plant funded by internal resources. Pellet Plant being a backward integration will reduce its raw material cost and improve its profitability. Add on dips.
With *Ceat’s* market-cap at Rs.10000 cr., its holding co., *Stel Holdings*, is available at a market-cap of just Rs.300 cr. It also has stake in Zensar, RPG Life, KEC Intl, etc. Add.
Palred Technologies’ accessories under the ‘Ptron’ brand are heavily marketed in Croma and Reliance Digital stores. Keep it on your radar.
*Lokesh Machines* has approval for commercial manufacturing of small arms and is available at a market-cap of Rs.300 cr. A big positive. Add.
With *Britannia* trading around Rs.5000+, *BBTC,* its holding co., trades at 10% of its equity value (valuation wise). Keep it on your radar.
Railways has a huge budget for various projects. The theme is best played by *IRFC* which raises and provides funds to stakeholders.
*IRCON*, which is a contracting company, is cash rich with multiple year order book.
Also *RVNL*, which aggregates various railway contracts is available at an attractive valuation.
*Rudra Global* Infra’s FY23 PAT and sales rose 65% and 29% respectively. It is entering into defence and aerospace sector with its new subsidiary. Add for hefty gains.
*SAT Industries* FY23 PAT and income grew 11% and 34% respectively. Its share has given 22% up move with record weekly volumes. Bullish momentum can continue further. Add.
*Granules India* recorded its highest daily volume since 17 January 2022. This indicates something big is cooking in this counter. Technically, its stock price may touch Rs.335. Add.
Univastu India’s FY23 sales and NP rose 48% and 27% respectively. Add this potential multi- bagger.
*Allied Digital* discontinues the hardware business, which will be a game changer. It declared FY23 dividend of 25% as against 20% in FY22. Stock may cross its 52-week high of Rs.144. Accumulate.
*BLS International* signs visa outsourcing contract with the Spanish government. A big IPO of its subsidiary is coming. Keep it on your radar.
*IFGL Refractories* Q4FY23 NP rose 86% to Rs.29.42 cr. from Q3. Its equity of Rs.36 cr. is supported by reserves of Rs.969 cr. The share is available at 70% cum dividend price. Add for 30% gain.
FIIs have doubled their stake in *Prakash Industries* as it notched FY23 EPS of Rs.10.64. It hopes to commence the Bhaskarpara coal mine in FY25, which can be a big game changer. Add.
140% dividend paying *Oriental Carbon & Chemicals* Q4FY23 profit rose 99% to Rs.13.7 cr. FIIs hold 1.29%, HDFC MF holds 9.27% and DIIs hold 3.87% stake in the company. Keep it on your radar.
*Suzlon* to raise funds up to Rs.2000 cr. by way of equity shares/ convertible bonds/ non-convertible bond/ combination of with or without convertible warrants. Keep it on your radar.
Volumes are rising in *HCC*. FIIs hold 12.45% and DIIs hold 12.45% stake in the company. Given the boom in infrastructure sector, it is likely to touch its 52-week high very soon. Add.
300% dividend paying *Rupa & Company’s* Q4FY23 profit rose 217% to Rs.19 cr. Its equity of Rs.8 cr. is supported by huge reserves of Rs.904 cr. Its Q1FY24 profit may improve further due to sharp decline in yarn prices. Add for hefty gains.
*Krishca Strapping Solutions* FY23 NP rose 523% to Rs.9.34 cr. from Rs.1.5 cr. YoY. Its new plant is to commence in December 2023. It also has plans to set up a plant in UAE. Add for 100% gain.
In Friday’s negative market, *TAJ GVK Hotels* rose by 3% with volumes, which indicates a bullish breakout. It posted 706% higher profit in FY23. Add.
*Machino Plastics* makes products for Maruti Suzuki. Maruti Suzuki India and Suzuki Motor Japan hold around 31% in it. Its share can be a re-rating candidate. Keep it on your radar.
Dividend paying *ABM Knowledge* has huge reserves and huge order book. It is a pioneer in offering smart city solutions, cyber security, smart water management, SAP practice, etc. Keep it on you radar.
By: via Telegram.me/AlliesFin #StockMarket #india
