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Showing posts from April, 2023
TOWER  The freeze period of Yes Bank has got over and its share price has come down, which provides an excellent opportunity to add this potential multi-bagger. Buy and hold for two years. TGV SRAAC posted 9M EPS of Rs 30.81 against Rs 6.14 YoY and may post FY23EPS of Rs 42. It trades at a PE of just 2.61x against the industry average of 47x and a PB ratio of just 1.05x against industry average of 8.72x. Stock is poised to give surprising returns in FY24. Buy. JK Tyres has made a QIP allotment of CCD worth Rs.240 cr. to IFC to fund its expansion plans. Its profitability is on the rise. Buy. Praveg has secured a work order for the development, operation, maintenance, and management of a Tent City at Diu. Accumulate. Kirloskar Ferrous has completed the installation of HPML at the Solapur plant worth Rs.170 cr. Add. The USFDA has cleared the Granules India’s step-down subsidiary in the consumer and hygiene business spread over 79000 sq ft in US. It is constantly reporting better...