Winning Strokes 

The large caps stocks are going for some corrections today, while the action is seen in the small and micro cap counters. The BSE Sensex was last seen trading at 58,319.09, down 458.77 (-0.80%) points, while the NSE was trading at 17,381.302 down 127.10 (-0.74%) points. A healthy correction is necessary for the entry of fresh funds. The investors should use these opportunities to pick up good stocks at reasonable prices. Photo: The Business Standard.

# Buy the scrip of Shriram EPC Ltd at Rs.7.70, T: Rs.12/17, SL: Rs. 6.70.  This company was taken over by a Dubai based group, specialising in EPC contracts. The Dubai-based Mark AB Capital is scheduled to infuse Rs.350 Crore in Shriram EPC.

#The shares of Bombay Rayon and Fashions Ltd (Rs.7) hit another buyer Freeze on some positive news, which I'll share with you soon, on this blog. It has a sprawling factory at Tarapur, MIDC Boisar West, Mumbai Metropolis. The cost of land on which the factory is housed would be not less than few hundred crores, according to my estimates.

#The shares of the wind energy player, Suzlon Energy Ltd (Rs.7.50), made a high of Rs.8, before correction. You should accumulate the scrip in every decline, since in FY23 Budget, the Finance Minister, Nirmala Sitaraman could come up with some special allocations for the Renewal Energy (RE) sector to fast track the government of India's RE Targets. Besides, the fall in the price of Steel is positive for the company and you would definitely see it's reflection in the coming days. 

By the way, you know the story of Suzlon Energy Ltd (Rs.5.50) and is also privy to all that is happening in the Renewal Energy sector.......so where is the fear? 

Also, the company came out with good set of numbers (the net loss without exceptional item decreased substantially) for Q2FY22, on Q-o-Q basis.

#Those who are looking to play the 3G story should accumulate the shares of Indus Towers Ltd (Rs.269.80) on market declines.