Positive Outlook

 Analysis and recommendation is purely for knowledge purpose and not to consider as any financial advice. Data are collected from various sources and analysed.For testing accuracy, paper trading can be done.

Stocks with Positive Outlook

The Markets has retreated almost 150 (1.25%) points in the past week from its all time highs. Further fall from this levels as correction is expected to be less. Considering the global markets scenario, Indian markets are expected to perform better than previous week.

So, these five stocks from various industries are showing some good potential and are expected to show some good results ahead. So, hereby giving a positive outlook for these five stocks

Responsive Industries

Responsive Industries Analysis and recommendation is purely for knowledge purpose and not to consider as any financial advice. Data are collected from various sources and analysed.For testing accuracy paper trading can be done.+

CMP: 44
TARGET: 50-60
STATUS: POSITIVE



About the Company:
A leading global manufacturer of polyvinyl chloride (PVC) based products. Among the top three producers of vinyl flooring internationally and the largest Indian producer of PVC flooring and artificial leather cloth. At responsive its not just about business, its about the relationship.

Fundamentals:
The stock is having sound fundamentals. For the past five years Responsive have posted good results and is expected to continue. This stock can be considered as one of the growth stocks with a good management.

Outlook:
Expected to post better quarter results. Overall Showing positive signals of upward movement in the price.

Exide Industries

Exide's Analysis and recommendation is purely for knowledge purpose and not to consider as any financial advice. Data are collected from various sources and analysed.For testing accuracy paper trading can be done.

Status: Positive

CMP: 197

Target: 220-230

About the Company: 

Exide Industries is a storage battery producing company and a life insurance company in India. It manufactures automotive and industrial lead-acid batteries. It has plants in India and Sri Lanka. In 2013, Acquisition of 26% shares of ING Vysya Life Insurance Company adding a total of 100% stake leading to "Exide Life Insurance Company

Analysis:

Quarterly Performance:

The Quarterly performance of Exide battery is picking up. Compared to the past quarters the overall revenue has increased. We should understand that the company has also incurred more costs than the previous quarters. May be the hike in costs can be related as a move of management to increase revenues. Apart from that the overall increase in cost of materials is also a concern. The company has performed well comparing to the peers and is expected to rise up soon.

Other facts:

The steady increase in profit and other revenues are good news for the share holders.  The overall efforts from the management is good and will keep the performance in track. The increasing expenditure is a concern. Exide will be subject to perform as a major supplier for big corporations like Tata. The future also seems pretty bright for exide. If the auto sector is revived from current levels the chances of exide crossing 250 is very near.

The Growing rate of Exide and the performance of the battery industry is expected to give more momentum for the stock. Hence giving a positive outlook for the company.