Kerbside
Dalal Street Investment Journal|December 21, 2020
The recommendations provided in this column are taken from various market sources such as brokers, analysts, dealers and investment strategists, etc. These recommendations may not be backed by strong fundamentals. Therefore we advise readers to use their own discretion before investing in these recommendation
Kerbside

KING OF GOOD TIMES

UBL

BSE Code: 532478

CMP: 1,157.15

The company owns the famous beer brand ‘Kingfisher’, a name synonymous with beer in India. In Q2 the company saw a sequential improvement in total revenue from its operations. Further, with Odisha, Andhra Pradesh and West Bengal introducing a new excise policy for beer, the product’s price has decreased, attracting greater consumer interest. The company has reduced its net debt by 27 crore and interest cost was down by 20 per cent in the first half. This stock could be the ‘king of good times’ in your portfolio.

PLAYING FOR BIG BUCKS

JM Financial

BSE Code: 523405

CMP: 91.40

This story is from the December 21, 2020 edition of Dalal Street Investment Journal.

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This story is from the December 21, 2020 edition of Dalal Street Investment Journal.

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