Tower talk By VR Advisors Date 07 June 2020

Tower Talk

  1. Lupin having presence in 100 countries and making a wide range of branded and generic formulations reported net profit jump of 35% to Rs. 390 crore v/s Rs.289.56 crore in Q4FY20. Add.
  2. Infosys is reportedly trimming its work force to cut costs. This may be a sign of a slowdown. Sell now, buy later.
  3. Voltas NP rose 13% Rs.160 crore in Q4FY20 on just 1.3% rise in revenue. The share price is expected to rebound. Add.
  4. Polycab India reported a 52.4% rise in NP to Rs.213.94 crore in spite of 13.6% decline in net sales to Rs.2129.38 crore in Q4FY20 over Q4FY19. This is a good long term investment bet. Add.
  5. Jubilant Life Sciences consolidated net profit shot up to Rs.260.49 crore in Q4FY20 from a net loss of Rs.100.65 crore in Q4FY19. Despite the ongoing capex, its net debt is also decreasing. A good buy.
  6. Ashok Leyland reported 90% decline in total sales of 1,277 units for May 2020 v/s 12,778 units in May 2019. Still a good time to sell.
  7. As per reports, Pfizer and AstraZeneca are very close to developing the COVID-19 vaccine which would be ready by October end. Both these shares deserve to be bought.
  8. Prince Pipes, the 5th largest plastic pipes manufacturer with 5% market share of a Rs 30,000 cr industry making pipes for agriculture, plumbing and infrastructure, is available 60% below its IPO price. A good buy at the current price.
  9. Royal Enfield exports have slumped 68% to 684 units in May 2020 from 2,160 units in May 2019. Due to the economic slowdown, it would be prudent to sell Eicher Motors now and buy later.
  10. Shoba Ltd. has started looking good on the charts again. Higher volumes and rising prices indicate of better times ahead. Start adding.
  11. Ultramarine & Pigments posted fairly good numbers for Q4FY20 and also for the full year of FY20. The waning of the Chinese industry will also give a big fillip to this company. Add at current rates.
  12. Tata Power aims to sell its non-core assets and recast its green energy business. A good long term share to add.
  13. With the revival of e-business, Gati Ltd. should be one of the biggest beneficiaries. The share is available at less than half its peak price. Buy.
  14. Britannia Industries consolidated net profit surged 26% to Rs 374.75 cr on stagnant sales of Rs. 2809 cr. in Q4FY20. This evergreen FMGC share deserves a place in every portfolio. Accumulation in DIP

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