*Dalal Street Whispers*

Power Grid (Rs. 209.00) (Code: 532898) :- There is current in the stock due to buzz of
debt restructuring of power projects. The company has strong earnings growth.
Gitanjali Gems (Rs. 66.00) (Code: 532715) :-
This gems & jewellery player's subsidiary
Nakshatra Gems has received SEBI nod for a Rs. 600 crore IPO. The IPO listing will enable Gitanjali
Gems unlock significant value.
JSPL (Rs. 124.00) (Code: 532286) :- Navin Jindal-led Jindal Steel and Power is foraying
into ammonia and urea production as a part of its diversification plans. It will use additional gas from its coal gasification plant in urea business.
Indi Trade Capital (Rs. 58.00) (Code: 532745) :- Top stocks player Porinju Veliyath
has acquired 1.42 lakh shares of this financial services provider at an average price of Rs. 45.74, putting the stock on radar of small investors. Porinju Veliyath's wife Shilpa has bought 1.39 lakh shares of Ginni
Filaments at an average price of Rs. 49.2.
Network 18 (Rs. 52.00) (Code: 532798) :- There is buying in the stock in anticipation of some major corporate announcements by this Rs. 5,500-crore company in the days to come.
TNPL (Rs. 336.00) (Code: 531426) :- The company has benefited from the rally in paper sector shares. The company has a market cap of Rs. 2,350 crores. While its peers' shares are trading at a PE multiple of 13, shares of TNPL are trading at just eight times the earnings, and are attractively valued.
SCI (Rs. 83.00) (Code: 523598) :- The stock has corrected after touching a high of Rs. 92
on the back of six-times rise in volumes. According to reports, the government holds 63.75% stake in the company, which it plans to bring down to 38.75%. The stake sale could fetch the government Rs. 950
crores.
Magma Fin (Rs. 153.00) (Code: 524000) :- The board of this finance sector company will meet on June 20 to discuss merger of subsidiary companies. The move will have a positive impact on the
stock.
Canara Bank (Rs. 352.00) (Code: 532483) :- With the government keen to merge PSU
banks with one another, there is possibility of merger of Dena Bank, Vijaya Bank and Syndicate Bank with Canara Bank.
Allahabad Bank (Rs. 70.00) (Code: 532480) :- There is a strong buzz of merger of
Allahabad Bank and PNB.
Seamec (Rs. 135.00) (Code: 526807) :- There are reports that the government will soon
announce a shipbuilding policy, which will lead to huge benefits for the companies.
Gujarat Pipavav (Rs. 153.00) (Code: 533248) :- There have been a number of block
deals on the counter by punters in the past few days. Both volume and price are expected to go up.
Mukta Arts (Rs. 100.00) (Code: 532357) :- The government has lowered the GST rate
on movie tickets costing up to Rs. 100. The company offers tickets at the lowest prices and will benefit the most.
Jai Corp (Rs. 81.00) (Code: 512237) :- The stock is trading below the book-value. The
stock has bounced back after correcting sharply. The company owns a huge land bank near the new airport at New Mumbai. The stock will be in focus in the coming days.
Sanghi Industries (Rs. 91.00) (Code: 526521) : - This cement stock is in limelight after
investment of Rs. 256 crores in it by Piramal Enterprises.