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_26 November - 2 December 2018_
✓ Dr. Reddy’s Laboratories has received a favourable judgment in a litigation pertaining to Suboxone sublingual film in USA. A big positive for the company. Buy.
✓ Adani Gas has been authorized to expand its city gas footprint in 13 new geographical areas. Buy.
✓ Power Finance Corporation and REC are both faring well and have good dividend yields. Buy.
✓ Dewan Housing Finance Corporation posted fantastic Q2 results with 52% higher PAT and is likely to notch an EPS of over Rs.52 for FY19. Buy.
✓ IDBI Bank may be back in the black by Q1FY20 on the back of better cash management and selling LIC plans.
Accumulate in small quantities.
✓ Vodafone Idea plans to liquidate Rs.14000 crore worth assets because of its business synergies over the next 1-2 years. Buy on dips.
✓ Deepak Fertilisers & Petrochemicals Corporation fell sharply after its profitability took a small beating. However, the ongoing capex is likely to boost its earnings