*MONEY TIMES TALK*
*NOVEMBER 28, 2021*
š Cipla plans to expand its lung medicines portfolio at a time when Covid-19 continues to haunt patients with breathing problems. This may be a good business opportunity for it. Add.
š Persistent Systems at Rs. 4158 has risen 270% in one year and about 475% from pre-Covid times on the back of the booming IT sector. But next one year is challenging and stock looks overpriced. Nice time to exit and book profits.
š Although rising input costs and a minor tapering of prices of commodities haunt SAIL, NMDC, NALCO, Hindalco, and Vedanta, the trend remains bullish. Keep accumulating. Their best times are around the corner.
š Supreme Court clears Govt. sale of entire stake in Hindustan Zinc in open market. A part may be offered to existing shareholders at a discount. A safe investment in critical times. Add.
š A veteran marketman recommends to buy Aro Granite, Alkali Metals, APM Inds., Aimco Pesticides, Cords Cable, Emmbi Inds., Exxaro Tiles, Faze3 Autofab, GPT Infra Projects, Godavari Drugs, HP Cotton Textiles, Hindustan Tin, IVP, Ind Swift Labs, Jasch Ind., KIC Metaliks, Lahoti Overseas, Lambodhara textiles, Maris Spinners, National Plastic Technologies, Polyspin Exports, Rana Sugars, Rishiroop, RTS Power, SNL Bearings, Sutlej Textiles, and Vedavaag Systems.
š BEL, a PSU, has won a prestigious export order from Airbus for Radar Warning Receiver and Missile Approach Warning Systems. A big positive. Add.
š IPCA has bought 26.57% of Lyka Labs from the market. MONEY TIMES was the first to forecast such a takeover. Its floating stock will reduce further with an open offer. Retain.
š KPR Mill could withstand the onslaught in the stock market. This manufacturer & exporter of readymade garments stands strong at Rs. 610 as it is a PLI beneficiary and has big expansion plans. Add.
š A near defunct Escorts Finance may be absorbed in the Escorts ā Kubota deal. Its share price hovering around Rs. 6 can shoot up on sentiments. Risk-bearing investors may add.
š HAL, maker of fighter planes for Indian Air Force, is expected to sustain its improved financials given its healthy order book, lower trade receivable days and better cash balances. Buy.
š Pfizer manufacturer of Covid 19 injections has also converted it's formulation in pill form. It's a matter of time when it shall be marketing it in India. Good Buy from medium term perspective.
š The weakness in the markets has dragged down the price of Page Industries. Its growth story is intact and it would be profitable to add this share to your portfolio.
š Union Bank of India and Canara Bank have been upgraded by the rating agencies which denote the inherent increase in performance and strength in Banking. Strong Buy.
š Triveni Engineering has signed a 10-year agreement with US-based GE-AE to make gas turbines for them. This share may be added.
š Vedanta promoters have added 17 crore shares via open market operations at Rs. 350/share totalling about Rs. 5950 cr. The offer price being above the market price indicates that something is cooking out here. Retain.
š LIC is reportedly adding shares of Aurobindo Pharma over & above its 5% stake in the company. This generic pharmaceutical company has a bright future. Add.