TOWER TALK 6/12/22 

 Britannia hit a marketcap of over1lakh crore last week, BBTC, which holds 50% stake in it worth Rs.50000 cr. trades at a mktcap of just 7000cr. This holding co. is trading at a massive discount of 85%. Even at a 50% discount witnessed in roaring bull markets, the stock could jump four times from the current levels. At Rs.1000, it is a no brainer buy.

 Kabra Extrusion won orders from Hero Electric to supply batteries for its EV vehicles last week. It also supplies to major OEMs manufacturing 2/3 E-wheelers and plans to expand into the car batteries as well. At a mktcap of just Rs.1700 cr., the stock has a long way to go. Buy it for the long term.

 Alkali Metals, manufacturer of chemicals for airbags is being accumulated by knowledgable people as they expect this Rs. 130+ stock to touch Rs.500 mark in coming years. Keep on your radar

 With media sector back in favour after Adani’s acquisition of NDTV, one can look at HT Media at just.Rs.22. The stock’s 52-week H/L is at Rs.40/19 offering a good risk: reward ratio for a favorable trade.

 Rudra Global posted 105% higher H1 net profit of Rs.8.24 cr. v/s Rs.4.01 cr. YoY. It is venturing into Defence and Aerospace industries with a new subsidiary and will be promoted from T group to B group from Tuesday, 6th December. After a brief consolidation, stock may set on upward journey.

 MNC Accelya Solutions India is a leading global provider of technology platforms, software & services to the travel & transport industry. It posted net profit of Rs.33.11 cr. in Sept. qtr v/s Rs.25.17 cr. last year. Buy for good returns in short to medium term.

 HCC posted Q2 PAT of Rs.319 cr. v/s loss of Rs.279 cr. in Q1FY23. Debt cuts finalized & annual finance cost set to reduce to Rs.400 cr. from Rs.940 cr. It has reportedly won Rs.1300 cr. arbitration award. Keep on your radar.

 Sinclairs Hotels with 9 iconic hotels and available at a market cap of just Rs.597 cr. posted bumper H1 profit of Rs.7.28 cr. v/s loss of Rs.72 lakh in H1FY22. It paid 50% dividend for FY22 & did a buy back at Rs.143/share. It’s the cheapest hotel share. Buy for good returns in the medium to long term. 

 TGV Sraac, a group co. of Sree Rayalaseema Hypo Strength notched 888% higher H1 EPS of Rs.22.63 v/s Rs.2.29 in H1FY22, is available at a PE of just 3x and set to cross its 52 weeks high Rs.182 as it comes out of from the T group from 6TH December.

 Steel City Securities is available of PE of just 9x. It paid 30% dividend for FY22 at very attractive dividend yield of 5%. The booming stock markets augur well for its future & it is a potential multi bagger.

 Pennar Industries has completed its buy back of shares and posted 110% higher H1 net profit of Rs.30.46 cr. v/s Rs.14.48 cr. in H1FY22. It is likely to post better results in the next 2-3 quarters due to a good order book & good export demand. Buy for 30% gain. t.me/mwglobal

Comments

Popular posts from this blog