βœ… The GST Council has cut rates sharply for new houses starting 1 April 2019. The demand for affordable housing is
bound to rise. Buy Godrej Properties.

βœ… Bata India posted strong Q3 results. The management targets 20-25% revenue growth over the next three years.
Accumulate.

βœ… Britannia Industries has replaced Hindustan Petroleum in the Nifty 50 index. This will trigger high institutional buying. Buy.

βœ… TTK Prestige has witnessed increased rural buying on account of rising disposable income. Its December results were also higher by around 21%. Accumulate.

❎ Reliance Communications continues to fall with increased pledging of shares by the promoters. Stay away from this
counter.

βœ… REC has declared its highest-ever interim dividend of Rs.11/share. At a time when most analysts were sceptical about the company’s workings, Money Times strongly recommended the stock time and again. We are still bullish on this stock.

βœ… Although ICRA has cut down Dewan Housing Finance Corporation’s creditworthiness on concerns of repayment of commercial papers, its beaten down share price seems attractive. A good contrarian buy.

❎ Bharti Airtel is on a fund-raising drive. The debt trap may not augur well for the company in the long run. Beware!

βœ… Auto component major, Jay Bharat Maruti, has bought 60% stake in Germany’s Linde-Wiemann for about Rs.710 crore to boost its technical and engineering capability. A positive for the company.

βœ… Thomas Cook (India) has bought 51% stake in Digiphoto Entertainment for around Rs.289 crore. A good shift. Buy.

βœ… Linde India posted strong numbers for Q3. A fresh buyback offer is also expected soon. Its volumes are also rising.
Buy.

❎ Jet Airways is in big trouble. More aircrafts have been grounded due to a financial crunch and the lenders may have to take control of the business. Exit before it’s too late!

βœ… Analysts are bullish on Gujarat Gas with high revenue estimates for the next few years. It may be prudent to go with the crowd. Buy.

βœ… The Suven Lifesciences counter has witnessed higher volumes, which is also driving its share price higher. The company has many patents in the pipeline. Buy.

βœ… Auto component major, M.M. Forgings, expects strong growth ahead on the back of rising domestic and export demand. Buy.

βœ… Iron ore prices are on the rise post the supply disruption in Brazil. NMDC will benefit significantly. A huge dividend may also be on the cards. Buy immediately.

βœ… The cement sector is expected to record 6-8% volume growth this year. Ultratech Cement and Shree Cement are likely to gain. Buy both for the long term.

βœ… Lupin is set to launch its Ranolazine ER tablets in USA. A big positive for the company. Buy.

βœ… CARE Ratings has witnessed unprecedented volumes of late. Some good news may be in the offing. Long-term investors may accumulate.

βœ… Quick Heal Technologies intends to buy back its shares. An opportunity to make some quick money.

βœ… Time Technoplast has entered into an agreement with Confidence Petroleum for the safe use of LPG Cylinders across India. This may boost its business significantly. Buy.

βœ… Prakash Industries continues to reel under pressure. But its audited results look good. Investors with a risk appetite may enter with a horizon of one year.

βœ… Him Teknoforge, the merged entity of Gujarat Automotive Gears, is expected to notch an EPS of Rs.20-22 for FY19 on
a small equity of Rs.1.6 crore. The stock has the potential to double from its current level.

βœ… International Paper APPM is likely to notch an EPS of Rs.50 for FY19. A reasonable P/E of 12x will take its share price to Rs.600.

βœ… Torrent Power is expected to notch an EPS of Rs.25 for FY19 going by its robust H1FY19 earnings. The stock may
cross Rs.375 at a reasonable P/E of 15x.

βœ… With FY19E EPS of Rs.40, Eimco Elecon (India) is likely to cross Rs.500.

βœ… An Ahmedabad-based analyst recommends Cantabil Retail India, Donear Industries, Jiya Eco-Products,
Indraprastha Medical Corporation, IOL Chemicals & Pharmaceuticals and Pitti Engineering.

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