1) CIPLA
Cipla is ready to benefit from the newly-born Omicron
variant of Covid 19. As the fear psychosis again looming large, pharma stocks
are sure to get a kick. A kick up. On the technical chart it looks the best
amongst the largecap pharma stocks. It has been trading in a range since 8
months and now about to break out with 15-20 per cent upside move. Positional
traders can keep an eye.
2) Indiabulls Housing Finance
Indiabulls Housing Finance stood tall, rampaging through the
tough market sentiments regarding housing finance companies that emerged after
DHFL fiasco. Not a single quarter it has recorded loss. Rakesh Jhunjhunwala
also holds this undervalued stock and now two rumours are being associated with
it – first, it will be taken over by Carlyle or some other big name and second,
Deepak Parekh’s son will soon be inducted on its board. If it happens the
rerating will make investors richer beyond their imagination
Everest Kanto Cylinder has been improving its fundamentals
very fast. Its debt has reduced to the lowest in 10 years. In the last 6 months
(2 Qtrs) its sales, operating profit and net profit were up by 81, 167 and 298
per cent respectively. On TTM basis it has recorded the best ever performance.
As CNG and Industrial Gas cylinder demand is everyday increasing the counter is
at the multi-year breakout and trading at the highest level after 12 years. Buy
on decline
4) Pitti Engineering
PITTI ENGINEERING, which has given 15 per cent return in
last week’s mayhem. In the last 6 months (2 Qtrs) its sales, operating profit
and net profit were up by 113, 141 and a whopping 6468 per cent respectively.
Net profit was Rs 20.36 crore against Rs 31 lakh in the same period previous
FY. The management during Concall also mentioned that company is recording
highest demand in its history. With a longer investment horizon it could be a
good portfolio pick
Vijaya Diagnostic Center is expected to get huge benefit
with the new variant looming large. Its IPO came at Rs 531 recently and it is
trading at Rs 585. It can show some momentum as it belongs to the select list
of diagnostic counters which are sure to attract attention of investors and
traders alike by default.
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