Dalal Street Investment Journal — July 10-23, 2017

(Brent) #1

66 DALAL STREET INVESTMENT JOURNAL I JULY 10 - 23, 2017 DSIJ.in^


Kerbside


Tata
Metaliks is
engaged in
the
manufacture

of foundry grade pig iron. The


company manufactures and sells


products, such as scrap pig iron


and granulated slag. The talk of


the street is that the stock may


come out with some positive


announcement that may induce


positive sentiments in the


stock. Hence, it may witness


northward movement in the


coming days.


The company is a manufacturer of cement. Its business segments
include cement, refractory, management services and others. The
company’s cement volumes grew 66 per cent YoY and 31 per cent
QoQ basis, led by a strong demand from the residential housing
sector. The stock has witnessed good price action along with
decent volumes in the last few trading sessions. It is heard that
many big ticket investors and market participants are keeping a
close watch on the company and are slowly building up their
positions in the stock. Those with a short-term trading horizon can
consider this stock.

POSITIVE ANNOUNCEMENT


AND FINALLY..


BUYING INTEREST


Tata Metaliks
BSE Code: 513434
CMP: ` 763

Man
Infraconstruction
BSE Code: 533169
CMP: `65.05

Dalmia Bharat
BSE Code: 533309
CMP: ` 2603

The recommendations provided in this column are taken from various market
sources such as brokers, analysts, dealers and investment strategists, etc. These
recommendations may not be backed by strong fundamentals. Therefore we advise
readers to use their own discretion before investing in these recommendation

DS

(Closing price as of July 05, 2017)

Man Infraconstruction is
a leading construction
company in India that
has executed
construction work for
some of the most significant port projects in
the country. Man Infra has successfully
executed construction of high-rise buildings
with three residential towers of 55 storeys,
which are among the tallest towers in the
western suburb of Mumbai. The company has
relentlessly explored and seized construction
opportunities across various business verticals.
As per the buzz on the street, the stock has
witnessed good accumulation from HNIs in the
last few weeks and, hence, the stock can be
looked at for short-term trading gain.

The company is engaged in
the construction and
maintenance of projects
relating to water supply,
irrigation, sanitation and
sewerage systems and pipe manufacturing. Recently,
the company has secured work order of Rs 260.75
crore from public health engineering department,
Ajmer, Rajasthan, for cluster scheme of 213 villages.
The company reported robust numbers for the quarter
ended March 2017. The stock could deliver decent
returns in the short-medium term.

SECURING WORK ORDER


Indian Hume Pipe
BSE Code: 504741
CMP: ` 521
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