⚡️ Many analysts forecast crude oil to cross $100 in coming days. It is better to concentrate on ONGC, Hindustan Oil Exploration & Selan Exploration.
⚡️ Damodar Industries leading textile yarn player reported net profit of Rs 5.70 cr.in H1FY22 v/s loss of 15.28 cr. in H1FY21. Due to boom in yarn & textiles, its Q3 may be very good on 10Feb. Buy for quick gain.
⚡️ Alkali Metals reported mind blowing 4457% jump in Q2 net profit. Its Q3 result on 8th February can reward risk takers.
⚡️ US-10 Year Treasury Bond yields rose to 1.91%, which is the highest since January 2020. During high inflation and higher bond yields times, investors shift from Technology stocks to commodity stocks. High energy prices augur well for Indian Oil Corporation Ltd. Its 2nd interim dividend of 40% with record date of 10th February 2022 is ready for grabs for smart investors.
⚡️ Heavy focus on Infrastructure and Railways in the Budget and allocation of more funds to these sectors augurs well for IRCON International. It may spring surprising returns in the short & medium term.
⚡️ NSE listed Ganga Forging, which is into steel forgings and machined components, has bagged an export order from USA of Rs 4 crore.
⚡️ Wardwizard Innovations & Mobility. Manufacturer of electric two wheeler ‘Joy e-bike’ has sold 2900% higher bikes at 3951 units in January 2022 from 129 units in January 2021.
⚡️ Zuari Agro Chemicals, which manufactures and trades in fertilizers, seeds, pesticides etc. delivered excellent 9MFY22 sales and profits YoY. For FY22, it may post an EPS of Rs.36. The stock is thus trading at a PE of just 4x and may touch the Rs. 200 mark in the short term.
⚡️ GIC Housing posted 9MFY22 EPS of Rs. 23 v/s Rs.5 YoY and is likely to post FY22 EPS of Rs.33. Thus the stock is trading at aof just 5x, which is the lowest PE among PSU housing finance sector. Buy for 50% returns within 1 year.
⚡️ HCC posted excellent 9MFY22 results with NP of Rs.384 cr.on sales of Rs. 7900 cr. sales v/s loss of Rs. 760 cr. on sales of Rs. 5900 cr. It’s a clear turnaround story and the stock has the potential to give 100% return within 1 year. We had given a Buy call on this stock @ Rs.9 as a turnaround story in November 2021.
Social Plugin