Archies (Rs. 24.00) (Code: 532212) :- After a sharp correction, the share looks attractively
priced at current levels. Some HNIs and value investors are keeping a close eye on the
stock. The company is expected to do well in the upcoming festival season. The stock can deliver
good returns in the short term.
Oricon Enterprise (Rs. 56.00) (Code: 513121) :- The share of this multi division company, which has businesses in marine logistics, packaging and realty, has become circuit breakers. According to reports, Oricon Enterprise's subsidiary has received nod from BMC for developing residential project on 2 acre land in Mumbai. The company has invested Rs. 159 crores in the subsidiary for 100% equity, and it is presently valued at Rs. 400 crores. The company is also said to be forming a JV with a leading Mumbai-based developer.
Godrej Properties (Rs. 323.00) (Code: 533150) :- This realty sector share is the favourite of HNIs and institutions. The company is expected to benefit significantly from a potential rate cut by the Reserve Bank. The unchanged interest rates by US Fed, low inflation and macro economic data suggest that RBI would cut rates in its ensuing meeting.
SpiceJet (Rs. 25.00) (Code: 500285) :- ATF prices have fallen by as much as 40% in recent months and are expected to slide further. The company is benefiting from high occupancy rate in aviation sector. It is also expected to benefit from the new civil aviation policy which is in the offing. The stock is expected to soar high as rival Indigo enters the capital markets with its IPO in October.
Oricon Enterprise (Rs. 56.00) (Code: 513121) :- The share of this multi division company, which has businesses in marine logistics, packaging and realty, has become circuit breakers. According to reports, Oricon Enterprise's subsidiary has received nod from BMC for developing residential project on 2 acre land in Mumbai. The company has invested Rs. 159 crores in the subsidiary for 100% equity, and it is presently valued at Rs. 400 crores. The company is also said to be forming a JV with a leading Mumbai-based developer.
Godrej Properties (Rs. 323.00) (Code: 533150) :- This realty sector share is the favourite of HNIs and institutions. The company is expected to benefit significantly from a potential rate cut by the Reserve Bank. The unchanged interest rates by US Fed, low inflation and macro economic data suggest that RBI would cut rates in its ensuing meeting.
SpiceJet (Rs. 25.00) (Code: 500285) :- ATF prices have fallen by as much as 40% in recent months and are expected to slide further. The company is benefiting from high occupancy rate in aviation sector. It is also expected to benefit from the new civil aviation policy which is in the offing. The stock is expected to soar high as rival Indigo enters the capital markets with its IPO in October.
Comments
Post a Comment