*? TOWER TALK - 16 June, 2023?***

⚡️ Shree Digvijay Cement posted 90% higher Q4 profit. Its FY24 will be even better given the strong demand for cement, declining coal prices and trebling of capacity to 3 MMTPA. Keep it on your radar.

⚡️ Steel Strips Wheels group company, Indian Acrylics posted a very sharp turnaround with Q4FY23 NP at Rs.19.34 cr. as against a loss of Rs.23.84 cr. Add.

⚡️ Rico Auto’s Q4FY23 NP zoomed 199% to Rs.25.91 cr. from Rs.8.65 cr. in Q4FY22. Its equity of Rs.13.53 cr. is supported by reserves of Rs.675.72 cr. Keep it on your radar.

⚡️ Pennar Industries’ FY23 PAT rose 80% to Rs.75.43 cr. from Rs.41.91 cr. in FY22. The management expects strong growth in top line and expansion in margins in FY24. Add.

⚡️ HSCL’s FY23 NP catapulted 453%. Its strategic investment in Sicona Battery Technology, Australia, could boost a sharp rise in top line and in margins. Keep it on your radar.

⚡️ Transformers & Rectifiers’ FY23 NP zoomed 197% to Rs.42.35 cr. from Rs.14.28 cr. in FY22. For Q4FY23, its NP grew 2495%. Add for hefty gains.

⚡️ Denis Chem produces sterile intravenous injectables. Its share trades at a P/E of just 14x and the dividend yield is 3%. Varun Daga, managing partner of Dream 11, holds 11.5% stake in it and FIIs hold 20.74%. Add for hefty gains.

⚡️ The consumption story in the upper segment of society is intensifying. Beneficiaries include:

⚡️ Titan Ltd., which keeps growing by space, products and locations.

⚡️ Trent Ltd. has the right formula for product positioning and pricing.

⚡️ Phoenix is getting established as an upper class mall brand. Their valuations can ignore the standard P/E multiple approach.

⚡️ Univastu India's FY23 sales rose 36.67% to Rs.80.13 cr. from Rs.58.63 cr. in FY22 and PAT grew from Rs.5.22 cr. to Rs.6.58 cr. and is expected to rise further. Add.

⚡️ Cell Point Ltd.’s NSE SME IPO opening on 15th June is said to be an offer at a P/E multiple of 6.5x, which is indeed attractive.

*? TOWER TALK - 15 June, 2023?***

⚡️ GNFC’s 50KTconcentrated nitric acid to start commercial production in FY24, which will improve its financials. Its new 20 KTPA Formic Acid add on capacity has been commissioned. Buy for the long term.

⚡️ Indian Bank notched FY23 EPS of Rs.44.8, which may lead to FY24 EPS of Rs.55+. A reasonable P/E of 8x could take its share price to Rs.450+ in the medium term. Add.

⚡️ Banswara Syntex notched FY23 EPS of Rs.33 and is set to garner FY24 EPS of Rs.38+. Buy for 30% gain.

⚡️ West Coast Paper Mills notched 207% higher FY23 EPS of Rs.142.6, which may lead to FY24 EPS of Rs.170+. Buy for 30% gain.

⚡️ J&K Bank posted 139% higher FY23 EPS of Rs.11.4, which may lead to FY24 EPS of Rs.18+. Buy for hefty gains.

⚡️ Mahanagar Gas’ FY23 NP rose 32% to Rs.790 cr. on 77% higher net sales of Rs.6299 cr. on y-o-y basis. It declared a final dividend of Rs.16/share. Add.

⚡️ Rana Sugar is specialized in manufacturing Sugar, Alcohol as well as power posted an impressive Q4FY23 as PAT zoomed 173.58%. Add for good returns.

⚡️ Suzlon Ltd. recorded highest ever weekly volumes and highest closing after 2018. This turnaround performance, strong future commentary and stock rise points to a bright future. Add.

⚡️ Prestige Estate has executed 281 projects, has 57 ongoing projects and plans 44 more with 680+ acres of land bank as at FY23. Management’s strong FY24 guidance is attracting investors. Buy.

⚡️ Bharat Electronics’ PAT grew 28% to Rs.3006.67 cr. on 15.22% higher sales to Rs.17333.37 cr. Its order book stands at Rs.60690 cr. Stock has given highest ever closing on Friday. Add.

⚡️ HCC gave a highly bullish breakout with big volumes in Friday’s negative market. FIIs hold 12.29% and DIIs hold 12.45%. With the big infra boom, it is likely to cross its 52-week high. Add.

*? TOWER TALK - 14 June, 2023?***

⚡️ Monsoon is on schedule. So, higher demand for fertilizers will generate big profits for GSFC. Its CMP is inclusive of a final dividend of Rs.10/share. Buy.

⚡️ Man Infra has big expansions on hand as new reality projects in Mumbai could generate good revenue over the next few years. EPC projects on hand are over Rs.980 cr. Add.

⚡️ Gravita India’s promoters sold 1.8% equity at Rs.586/share in a block deal leading to a price correction. Sell now and add at a lower price.

⚡️ HAL to make Jet engines in India with GE. It will split its share to make it more affordable to investors. A big positive. Add.

⚡️ Macrotech Developers has hiked prices by 8% and likely to fare better in FY24, which will help it meet the interest cost on rising debts. Accumulate.

⚡️ CCL Products has acquired several coffee brands from the Lofbergs Group, which enables it to access the major supermarkets in the UK. Add.

⚡️ Tanla Platforms to acquire VF Digital India for Rs.346 cr. The acquisition of ValueFirst Middle East FZC will give it a footprint in Saudi Arabia, Indonesia and UAE. Buy.

⚡️ Zydus Life has received USFDA nod for acid reflux and ulcer drug Esomeprazole Magnesium (delayed-release oral suspension). A big positive. Add.

⚡️ Indoco Remedies has received EU GMP certificate from German Health Authority for its manufacturing facility (Plant III) located at Baddi facility. A big positive. Buy.

⚡️ Torrent Power to develop 3 Hydro Projects of 5700 MW in Maharashtra at Rs.27000 cr. andemployabout 13500 people in the construction over 5 years. Add.

⚡️ Capacite Infraprojects has a Rs.224 cr. order for Raymond’s residential project at Thane. In May, it got a Rs.478 cr. order for Godrej’s residential towers at Mahalaxmi in Mumbai. Buy.

*? TOWER TALK - 02 June, 2023?***

⚡️ Datamatics Global has corrected 15 % from its recent high and provides investors a good entry point especially those who missed the bus earlier.

⚡️ Imagica Malpani Parks have allotted 7crore shares at Rs.37/share to the promoters. At Rs.43 with a risk of just 15 %, this stock has the potential to double from hereon.

⚡️ Supreme Industries is akin to an MNC. Consistent expansion, good governance and steady performance make it a long-term portfolio pick.

⚡️ Want to buy the emerging, high valued blue chip Bharat Forge? Buy it @ 80% discount through Kalyani Investments.

⚡️ Kalyani Steels from the same group is a great steel co. with huge cash in its books. Its low valuation is just to be seen to be believed.

⚡️ Nomura Singapore, an FII, has raised 1.28% stake in Mishtann Foods, a FMCG food company. Buy.

⚡️ Vishwaraj Sugar’s Q4 revenue jumped 52% YoY to Rs. 199 cr. from 130 cr. YoY. EBITDA stood at Rs. 13.10 cr. while PBT came in at Rs 2.94 cr. Add.

⚡️ Thinkink Picturez posted FY23 income of Rs.25.60 cr. v/s Rs.10.40 cr. YoY with NP of Rs.4.44 cr. from Rs.3.03 cr. in FY22. Add.

⚡️ Accuracy Shipping to add new streams of revenue by backward & forward integration of its logistical services and also plans to turn debt-free. Buy.

⚡️ Summit Securities’ holdings are valued around Rs 7600 cr. but its stock trades at 90% discount to its NAV of Rs 7000 while JSW Holdings, Bengal & Assam, Kalyani Investments, Bajaj Holdings etc. trade at 50 to 75% discount. Summit is highly undervalued.Buy for 50% returns within 1 year.

*? TOWER TALK - 31 May, 2023?***

⚡️ Mrs Bector’s Food Q4 NP jumped 171% to Rs 27.65 cr. Selective buying is recommended.

⚡️ Nucleus Software’s Q4 PAT jumped 76% YoY beating market expectations to Rs. 67.75 cr. FY23 NP zoomed 270% to Rs. 127.79 cr. on 34% higher revenue. A final dividend of Rs. 10 per share has been declared. Add.

⚡️ Shriram Properties acquires a new Chennai project with a revenue potential of about Rs 1,200 cr. Highly Positive. Buy.

⚡️ Bannari Amman Sugars delivers 105% higher Q4 EPS of Rs 39.8 and 78% higher FY23 EPS of Rs 114.4. Buy at declines.

⚡️ MSTC (Metal Scrap Trading Corporation) into recycling & trading of scrap materials has notched 63% higher Q4 EPS of Rs 10.9 and 22% higher FY23 EPS of Rs 34.4. Add.

⚡️ IRB Infrastructure has executed the concession agreement with the NHAI for a Rs 2,132 crore road project. Add at declines.

⚡️ NLC India mines lignite and generates power and notched 14% higher FY23 EPS of Rs 10.3. Undergoing big expansion, its FY24 EPS may rise above Rs 15+. Buy for 25% gain.

⚡️ Nile Ltd. into Pure Lead and Lead Alloys, is setting up a Lithium-ion recycling plant and diversifying into natural extracts. It notched FY23 EPS of Rs 75.4 on its small equity of Rs 3 cr., which could lead to FY24 EPS of 90+. Grab this share.

⚡️ OIL India, the 2nd largest government-owned hydrocarbon exploration and production enterprise, has notched Q4 EPS of Rs 16.1 and FY23 EPS of Rs 80.5. The share available at a P/E of just 3.3x has great potential. Buy.

⚡️ General Insurance Corp. has notched 42% higher Q4 EPS of Rs 15.6 and FY23 EPS of Rs 39.4. Buy for 30% gain.

⚡️ Prakash Pipes manufactures PVC Pipes & Fittings along with flexible packaging for FMCG, Food & Beverages, Infrastructure and Pharma products has garnered 51% higher Q4 EPS of Rs 8.3 and 45% higher EPS of Rs 29.8 in FY23. Buy for 20% gain.

*? TOWER TALK - 19 May, 2023?***

⚡️ Debt-free Summit Securities is holding co. of CEAT, KEC, ZENSAR Holdings valued at an all-time high of Rs 6800 cr. It has a market cap of Rs 710 cr. only trading at 90% discount to its fair value. Stock may touch 4-digit mark.

⚡️ GIC Housing may declare its best ever FY23 profits with declining NPAs. Stock trades at just 4 PE. Add for 40% gain in the short term.

⚡️ Baid Finserv seeks to expand its distribution network to 75 branches. Khambatta Securities has initiated a coverage with a Buy rating.

⚡️ After 95x subscription, Innokaiz India gave 100% returns to investors by its stellar listing. Buy on expectations of good FY23 results.

⚡️ LTS Investment Fund is continuously hiking its stake through bulk deals in Evexia Lifecare as it has formed a subsidiary to set up pathology labs in Africa.

⚡️ Accuracy Shipping’s FY23 revenue jumped to Rs 818 cr. The co. plans to repay its debts and turn debt-free at the earliest. Add.

⚡️ Mercury EV Tech Ltd. with its foray into latest EV based vehicles including 2, 3 & 4-wheelers is poised for high growth. Keep a track.

*? TOWER TALK - 19 May, 2023?***

⚡️ Debt-free Summit Securities is holding co. of CEAT, KEC, ZENSAR Holdings valued at an all-time high of Rs 6800 cr. It has a market cap of Rs 710 cr. only trading at 90% discount to its fair value. Stock may touch 4-digit mark.

⚡️ GIC Housing may declare its best ever FY23 profits with declining NPAs. Stock trades at just 4 PE. Add for 40% gain in the short term.

⚡️ Baid Finserv seeks to expand its distribution network to 75 branches. Khambatta Securities has initiated a coverage with a Buy rating.

⚡️ After 95x subscription, Innokaiz India gave 100% returns to investors by its stellar listing. Buy on expectations of good FY23 results.

⚡️ LTS Investment Fund is continuously hiking its stake through bulk deals in Evexia Lifecare as it has formed a subsidiary to set up pathology labs in Africa.

⚡️ Accuracy Shipping’s FY23 revenue jumped to Rs 818 cr. The co. plans to repay its debts and turn debt-free at the earliest. Add.

⚡️ Mercury EV Tech Ltd. with its foray into latest EV based vehicles including 2, 3 & 4-wheelers is poised for high growth. Keep a track.

*? TOWER TALK - 19 May, 2023?***

⚡️ Debt-free Summit Securities is holding co. of CEAT, KEC, ZENSAR Holdings valued at an all-time high of Rs 6800 cr. It has a market cap of Rs 710 cr. only trading at 90% discount to its fair value. Stock may touch 4-digit mark.

⚡️ GIC Housing may declare its best ever FY23 profits with declining NPAs. Stock trades at just 4 PE. Add for 40% gain in the short term.

⚡️ Baid Finserv seeks to expand its distribution network to 75 branches. Khambatta Securities has initiated a coverage with a Buy rating.

⚡️ After 95x subscription, Innokaiz India gave 100% returns to investors by its stellar listing. Buy on expectations of good FY23 results.

⚡️ LTS Investment Fund is continuously hiking its stake through bulk deals in Evexia Lifecare as it has formed a subsidiary to set up pathology labs in Africa.

⚡️ Accuracy Shipping’s FY23 revenue jumped to Rs 818 cr. The co. plans to repay its debts and turn debt-free at the earliest. Add.

⚡️ Mercury EV Tech Ltd. with its foray into latest EV based vehicles including 2, 3 & 4-wheelers is poised for high growth. Keep a track.

*? TOWER TALK - 08 May, 2023?***

⚡️ Titan’s Q4 NP rose 50% to Rs.734 cr. on 26% higher revenue of Rs.8753 cr. Add.

⚡️ Mold-Tek Packaging’s FY23 NP rose 26.38% to Rs.80.43 cr. It also has obtained large orders from Asian Paints. Add.

⚡️ Defence stock Apollo Microsystems posted 53% higher Q3 NP and may record similar growth in Q4. Analysts expect a sharp spurt in its share price after its recent stock split.

⚡️ Godrej Properties Q4 NP grew 58% to Rs.412 cr. Its bookings rose 25% to Rs.4051 cr. It is also acquiring large land banks to meet future requirements. Add.

⚡️ There are reports that Manappuram Finance is being haunted by the ED. Sell now and wait for lower prices.

⚡️ Jyothi Labs Q4 NP rose 60% to Rs.59.26 cr. on 13% rise in its revenue. Margins also show a rising trend. Add for the long term.

⚡️ The Coal Ministry has an ambitious target of 1 bn MTs for FY24 of which Coal India to produce 780 MMTPA. A big positive. It also pays good dividends. Add on dips.

⚡️ Railways to test hydrogen engines this year itself. Big orders may flow for BHEL. Add for the long term.