Money Times Talk
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January 09, 2024
- ➢ Voith Paper Fabrics, a German MNC with 74% equity, posted 30% higher H1 EPS of Rs. 44, which may take FY24 EPS to Rs. 95+ from Rs. 72.4 in FY23. Buy for 30% gains.
- ➢ Ujjivan Small Finance Bank's 29% YoY robust growth in total deposits to Rs. 29,869 cr., a 24% increase in CASA to Rs. 7,549 cr. and 27% YoY surge in the Gross Loan Book to Rs. 27,791 cr. portends good growth potential. Buy.
- ➢ Panacea Biotec launches the world’s first fully liquid wP-IPV Pentavalent vaccine to protect children from Diphtheria, Tetanus, Pertussis, Polio and invasive infections. Buy.
- ➢ Focus Lighting has reportedly received huge orders, which is a big positive. Add.
- ➢ Walchandnagar Industries likely to post good Q3 results. A good long-term story. Add on dips.
- ➢ HAL has huge orders and is set to get new orders to service the Rafael aircrafts. Add for multi-bagger returns.
- ➢ GMDC seeks mining lease for lithium. The new lignite and coal mines will contribute significantly to its revenues. Buy for hefty gains.
- ➢ IRCON has entered uncharted territory. Add this railway PSU for the long term.
- ➢ BBTC (Bombay Burmah Trading) shows signs of a breakout and deserves a place in every model portfolio. Add.
- ➢ Demand for properties display a rising trend, which will need financing. Buy India Bulls Housing Finance.
- ➢ Torrent Power signs an MoU with Gujarat Govt. to invest Rs.47,450 cr. to promote green energy projects. Add.
- ➢ Satia Industies will declare strong Q3 results. Add.