Buy or Sell Stocks for the Month of September 22

Checkout the Buy or Sell Stocks for the month of September 22. These stocks are having some movement in the Indian trading market due to some recent happening. 

• Delhi High Court may summon the Delhi Metro chairman if it fails to clear the debts of *Reliance Infrastructure* by Sept. end even as it files a Rs.13000 cr. arbitration suit against the Adanis that can fetch it big money. Add for good gains.
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• *Aurionpro Solutions* to buy out Hello Patients Solutions Inc, a startup based in USA. A big positive. Add.
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• Speciality Yarn leader, *Sutlej Textiles & Industries* to benefit much from the global preference of the China Plus strategy and may record FY23 EPS of Rs 13+. The share price may record a new high of Rs 110+ by next year. Buy.
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• *Tata Motors* has plans to launch affordable models of E-cars by 2023. Positive for the Company. Add.
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• *Dixon* is set to make Google and Android TVs for third parties. This company has a great future. Add.
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• *HDFC Bank* has raised Rs. 9007 cr. via 7.8% bonds to meet its growing business needs. Positive for the bank.
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• *Jai Corp* has a vast land parcel near the proposed New Mumbai airport, which it will capitalize on either by selling the land or developing it. The share can double in a year’s time. Buy.
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• *Pfizer* has declared a special interim dividend of Rs. 30/ share on the sale of its Upjohn Business to Mylan Pharmaceuticals. Add in small lots.
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• Flush with funds, *PNB* is set to capitalize growth in key sectors, as Atul Kumar Goyal, MD of the bank stated. The bank is on a comeback trail. Add.

• Reliance Power has inked a pact with Varde Partners to raise up to Rs 1,200 crore. This is a sign that it is now fit to run smoothly and honor its commitments. A big buy.
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• Premium textile manufacturer, Cantabil, posted excellent Q1 results and the management expects the upcoming festive season to add to its profitability. A nice time to add.
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• CDSL has crossed the 7crore mark with demat accounts. The company is going great guns as more and more investors opening their accounts. Buy.
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• Central Bank of India has entered into a strategic co-lending partnership with HFFC to offer home loans to borrowers at a competitive rate.
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• Lupin’s exclusive license and supply agreement with DKSH to commercialize and supply five biosimilars in the Philippines can help it to come out of its current temporary financial crisis. Buy with a strict stop loss limit.
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• Cipla has received a USFDA nod for a generic version of Revlimid. Positive for the Company. Add.
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• Pennar Industries, manufacturer of steel products, including cold rolled steel strips, has bagged orders worth Rs. 511 cr. from various sources. Add this small-cap stock around Rs. 49.
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• ICRA’s upgrading of Maharashtra Seamless long-term rating on its FY22 performance and better business outlook will help it raise funds at lower rates. Add.
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• Tanla Platforms has approved the buy-back of its shares from the open market up to a limit of Rs. 170 cr. The share price may rise as liquidity tightens. Add.
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• Paradeep Phosphates, the second largest private sector producer of Phosphoric acid in India, is reportedly faring well and its stock has the potential to double in a year. Buy.
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• HAL has a strong order book and looks attractive at the current prices of Rs. 2420. Buy for the long term.
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• A foreign brokerage has put a buy call on Zomato with a price target of Rs. 90. Add this beaten-down stock with a strict stop loss limit.
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• SMC Global, a diversified financial services co. offers one-stop investment solutions in trading & investments serves over 18 lakh investors in India and abroad with over Rs 3000 cr. AUM. It notched 41% higher Q1 EPS of Rs 3.3, which may lead to FY23 EPS of Rs 16. A P/E of 7.5x could take the share price to Rs 120 – a gain of 40%.
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• IG Petrochemicals, market leader in Phthalic Anhydride (PAN) and Maleic Anhydride has plant facilities of international standards. It notched 57% higher Q1 EPS of Rs 26.3 as against FY22 EPS of Rs 86, which may lead to FY23 EPS of Rs 100+. Buy for 25% gain.

• *Indian Hume Pipes* has 12 plants to make pipes. It also undertakes projects for water supply, sewer and drainage lines on a turnkey basis and has also developed concrete railway sleepers. It notched 344% higher Q1 EPS of Rs 4.3, which could take FY23 EPS to Rs 20. Buy for 30% gain.
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• *Nile Ltd*., a secondary manufacturer of Lead and its alloys, has notched 27% higher Q1 EPS of Rs 21.5 as against Rs 79.2 in FY22, which could take FY23 EPS to Rs 90. The share, which hit an all-time high of Rs 1164 on 7 Nov 17, may touch Rs 720 at a P/E of 8x.
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• *Mahanagar Gas*, sole distributor of CNG & PNG in Mumbai, Navi Mumbai, Raigad, Pen, Uran and Karjat is undergoing expansion. It notched Q1 EPS of Rs 18.8, which may lead to FY23 EPS of Rs 80+. Investment in it may fetch a gain of 25%. Add.
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• *Sangal Paper* with 36,000 TPA of newsprint capacity, makes specialized grade of products manufactured from 100 % recycled waste paper. It notched 72% higher Q1 EPS of Rs 14.2 against FY22 EPS of Rs 12.6, which may lead to FY23 EPS of Rs 50. Buy.
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• *Nava Ltd. (Nava Bharat Ventures)* is now a multinational manufacturing ferro alloys in India, Europe, the Middle East, South East Asia and Africa. It also operates power plants of 743 MW and posted 564% higher Q1EPS of Rs 20.6 against FY22 EPS of Rs 35.7, which may lead to FY23 EPS of Rs 60+. Buy for 30% gain.
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• *INEOS Styrolution*, a leading global styrenics supplier with products for automotive, electronics, packaging, household, construction, healthcare, toys and sports. It notched Q1 EPS of Rs 49.4 against FY22 EPS of Rs 183.4, which could lead to FY23 EPS of about Rs 180. Buy for 40% gain.
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• *CSB Bank* present in 16 states & 4 UTs has total business of Rs 37,300 cr. It notched 88% higher Q1 EPS of Rs 6.6 against FY22 EPS of Rs 26.4, which may take FY23 EPS to Rs 30. Buy for 25% gain.
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• *Jasch Industries* is into PU, PVC, PU resin products and machines having applications in automotive upholstery, footwear, leather, technical garments, healthcare, etc. It has expanded its PVC coated fabrics by 72% and notched Q1 EPS of Rs 4.7 against FY22 EPS of Rs 17.9, which may lead to FY23 EPS of Rs 22. Buy for 30% appreciation.
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• *TGV Sraac*, a group co. of Sree Rayalaseema Hypo Strength, manufactures Chlor-Alkali products, Castor Derivatives and Fatty Acids and has 28 MW captive power plant. It notched Q1 EPS of Rs 13.1 against FY22 EPS of Rs 12.6, which may take FY23 EPS to Rs 45+. Buy for 30% gain.
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• *Aspinwall & Co* offers international logistics services across sea/air bulk/break bulk/door to door shipments, custom broking and multiple logistics and is also into coffee and rubber. It notched Q1 EPS of Rs 9.7 (excluding exceptional gain of Rs 20 cr.) as against FY22 EPS of Rs 19.5. This may take the FY23 EPS to Rs 33. Buy for 30% gain.
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• *Sayaji Industries* manufactures modified starches and derivatives like liquid glucose, dextrose monohydrate, dextrose anhydrous, sorbitol etc and is a leader in the corn wet milling business. It notched Q1 EPS of Rs 17 as against FY22 EPS of Rs 30, which may lead to FY23 EPS of Rs 35 for FY23. Buy for 30% gain.
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• Cash rich & Debt-free *Career Point* has diversified into Test Preparation, K-12 Schools, Residential Coaching, e-Learning, Private Universities, and Skill Development with e-&-Digital Learning. It notched 42% higher Q1 EPS of Rs 5.2 as against Rs 12.6 in FY22, which may take FY23 EPS to about Rs 20 on equity of Rs 18.2 cr. Buy for 30% gain.
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• Tin prices are at an year’s low, which benefits regular dividend paying *Hintustan Tin Works* available at an attractive PE of just 7.4x and PB ratio of just 0.60. It manufactures 20 million tin cans per month and is planning to set up another plant. Buy for good gains.
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• 50% dividend paying, debt-free & cash rich *Sinclairs Hotels* has 9 iconic hotels at beautiful locations and one hotel site at a prime location in Kolkata is available at market cap of just Rs.320 cr. It’s the cheapest hotel share. It recently did a buyback at Rs.143. Buy for multi-bagger gains.

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• Dividend paying *Solitaire Machine Tools* is a debt-free auto ancillary company. It is an exclusive licensee of Cincinnati Milacron of USA and is licensed by Bocca & Malandrone Sunebo SPA Italy. It announced a good Q1FY23 and is expanding capacities by setting up a new plant at Halol. Buy for 50% gain.
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• Divdend paying *SKM Egg Products Export* posted Q1 net profit of Rs.6.49 cr. v/s Rs.68 lakh in Q4FY22 – a big jump of 854%. Due to the Russia-Ukraine war there is big shortage in the supply of egg products in the global market and prices have risen sharply. Buy for 50% gain.
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• *Kamat Hotels* posted Q1 net profit of Rs.7.07 cr. v/s loss of Rs.10.81 cr. for Q1FY22. The forthcoming festival season of Diwali & Xmas will boost the profits of hotels & restaurants for the Dec. qtr. May double from the current level in a year.
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• *Mishra Dhatu Nigam*, manufacturer of special steels and super alloys for defence, nuclear, aeronautics & space applications had an order book of Rs.1359 cr. on 1st July 2022. Co. has set up an armour facility at Rohtak that will be commissioned shortly and will be a game changer. Buy for good returns in the medium to long term.
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• *M&M Financial Services* posted Q1 net profit of Rs.239 cr. v/s big loss of Rs.1573 cr. for Q1FY22. In Aug., it disbursed Rs.3740 cr. recording 75% year on year growth. Stock may rise to decent levels in the medium to long term.
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• Due to notification raising export duty, Rice shares have fallen. Smart, long-term investors must use this opportunity to accumulate *KRBL and LT Foods*.
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• Automotive components are likely to fare well. *India Motor Parts*. from the Sundaram group deserves a close look.
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• LMW is expensive but investing in group co., *Super Sales*, could be equally rewarding due to its low valuation multiple.
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• NSE listed *Ajooni Biotech* has launched medicine for lumpy disease in cattle. A big positive for the company, which has a marketing tie-up with IFFCO Kisan.
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• Khambtta Securities has given a Buy call with a target price of Rs. 65 to NSE listed *Debock Industries* as it begins acquisition of granite mines in Kishangarh.

Also Know – How to Check Dividend Received in the Brokerage Account

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