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🏛🏛 *Tower Talk*
_(From Money Times Dated 24 July 2017)_

🏹 Inflation has hit the lowest rate in the last many years, which makes a strong case for an interest rate cut. Private Banks will gain. Buy *Karnataka Bank.*

🏹 *Power Finance Corporation*, one of the most trusted and efficient NBFCs in the country, is being tipped as an excellent buy.

🏹 Auto major *Maruti Suzuki (India)* is again introducing newer models. A strong reason to buy.

🏹 *PNC Infratech* is likely to gain on the back of upgradation and buy calls by foreign brokerage houses. The stock is expected to rise to Rs.220.

🏹 *Biocon* is likely to be back on fire on reports of USFDA approvals for some its prestigious drugs

🏹 *Godrej Industries* will gain from the listing of its subsidiary, Godrej Agrovet, which has filed its red herring prospectus. Buy.

🏹 With the rise in demand for cement, *ACC* is one of the biggest beneficiaries because of its pan India presence.

🏹 If reports are true, *Glenmark Pharmaceuticals* is expected to get a milestone payment for one of its mole. A good buy at the current beaten down share price. _err-club_

🏹 *Hindustan Unilever’s* results were quite good. The stock will start rising again once more details are provided and clarity is obtained.

🏹 *Kirloskar Electric Company* has seen a surge in volumes. Something is brewing in the company which the retail investors are not aware of. Investors with an appetite for risk may buy the stock for 3 months.

🏹 *Minda Corporation* has redeemed its commercial papers of Rs.25 crore. The surplus cash in its books will also fund expansions. A good long-term buy.

🏹 *Speciality Restaurants* has reportedly entered into a franchise agreement with international brand Resolute Restaurant Management LLC to open restaurants in UAE. A positive for the company.

🏹 *Excel Industries*, manufacturer of speciality and performance chemicals, is reportedly recording higher sales due to a good monsoon. Its ensuing results are expected to be good.

🏹 *Mahindra & Mahindra* is set to open its first plant in USA (Detroit) in an attempt to double its turnover in the next few years. A big positive for the company. _err-club_

🏹 All the divisions of *Reliance Industries* i.e. hydrocarbon exploration and production, petroleum refining and marketing, retail and telecommunications are faring well. The stock is expected to rise further.

🏹 *Pricol* is acquiring 100% stake in the wiping business of PMP Auto Components. A big positive for the company. _err-club_

🏹 *Alembic Pharmaceuticals* has received USFDA approval for its Olmesartan Medoxomil and Amlodipine tablets and has more ANDAs (abbreviated new drug applications) in the pipeline. Buy.

🏹 *Rajratan Global Wire*, maker of bead wires for major tyre makers in India and Thailand, is on an expansion spree. Investors may buy this low debt and high reserves company for two years for decent gains.

🏹 The *Sintex Industries* share has slowly started rising again. This demerged entity of the Sintex group is performing much better. The stock may touch Rs.50 within a year. A good buy at the current level.

🏹 *B N Rathi Securities* is trading at an attractive valuation of 6x FY18E EPS of Rs.6 as against the industry average of 36x. The stock is likely to touch Rs.60 (10x FY18E earnings) within a year. _err-club_

🏹 *Mirc Electronics*, which sells consumer durables in the name of Onida, targets revenue of Rs.1000 crore for FY18. The stock is available cheap and is a clear case of a turnaround. Buy for multibagger gains.

🏹 Parth Jindal, the scion of *JSW Steel*, has indicated his intent to buy Monnet Ispat & Energy (Monnet). Shiva Cement had delivered 5x returns after its takeover by JSW Steel. Monnet, too, could follow suit.

🏹 *Indian Metals & Ferro Alloys* posted excellent results despite the prices of ferro chrome trading at all-time lows. The stock is a sure shot multibagger once the cycle of ferro chrome turns around. _err-club_

🏹 An Ahmedabad-based analyst recommends *Advani Hotels & Resorts (India), Amal. Jsk

Thank you Ji.... I think .. the ones mentioned here are Gems