by paresh » Sun Apr 21, 2019 8:56 am
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_April 22 - 28, 2019_
Prabhat Dairy may declare a one-time special dividend. It plans to enter the lucrative cattle feed business. Buy immediately for good returns.
The temporary suspension of Jet Airway’s operations may be more than what meets the eye. It may ultimately fetch some financial support from interested circles in USA and Europe but it is prudent to stay away from this counter.
Jio Fibre contemplates raising a debt of about Rs.27000 crore to fund its expansion plans. A positive for Reliance Industries. Buy for the long term.
Tata Consultancy Services is optimistic about its future. Buy.
JM Financials plans to raise about Rs.1000 crore through a NCD issue to meet its long-term fund requirements. Buy.
Mastek’s Q4 PAT jumped 41% to Rs.27.4 crore on 18% higher revenue. Its fundamentals look good. Buy for the long term.
Envair Electrodyne expects a strong order inflow in the coming quarters. Buy.
Cipla has acquired 30% stake in Brandmed for Rs.32 crore in an all cash deal through its South African subsidiary Cipla Medpro. A positive for the company. Buy.
Wipro posted 28% higher PAT for Q4 and also announced a buyback. Buy for the long term.
Jindal Steel & Power reported a record output in Q4 FY19. A good stock to accumulate.
Escorts plans to expand its tractor and railway engine business. The stock can deliver about 30% returns within a year.
Tea prices are on the rise on account of higher demand. Buy Tata Global Beverages.
Deepak Fertilisers & Petrochemicals Corp. has started producing nitric acid at its Dahej plant, which was set up at a capex of over Rs.550 crore. Its future prospects look good. Buy.
In order to cut its import price, Indian Oil Corporation will now buy oil in the global markets on a real time basis. A
good move. Buy.
Coal India has moved up with higher volumes. One more interim dividend may be in the offing. Buy.
Analysts expect a sharp rally in the newly listed Metropolis Healthcare. Accumulate.
With a normal monsoon forecast by the IMD, it may be prudent to buy Gujarat State Fertilizers & Chemicals (GSFC) and Gujarat Narmada Valley Fertilizers & Chemicals (GNFC).
Tata Motors plans to launch more varieties of electrical vehicles. The stock looks attractive at the current level. Buy.
Prakash Industries will report its Q4 earnings on 24th April. With the power and steel sectors doing well, the company is likely to perform well. Buy for early gains.
Natco Pharma is likely to notch an EPS of Rs.48+ for FY19. The stock has the potential to cross Rs.750.
BCL Industries is on course to notch an EPS of Rs.24+ for FY19. The stock may cross Rs.150.
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