Shivalik Bimetal Controls

Sumeet Bagadia recommends five breakout stocks to buy today: India Pesticides, Welspun Enterprises, ideaForge Technology, Sansera Engineering, and Shivalik Bimetal Controls.

Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — Apeejay Surrendra Park Hotels, Wonder Electricals, Pokarna, Shivalik Bimetal Controls, and Kiri Industries

These are the lesser known pick-and-shovel suppliers in the national smart meter theme.

Stocks to buy: Shivalik Bimetal share price has rallied over 12% in one week and more than 20% in one month. The stock is up over 22% year-to-date (YTD). While Shivalik Bimetal shares has remained largely flat in one year, it has given multibagger return of more than 730% in the past three years.

Shivalik Bimetal Controls has shown exceptional growth, with its stock price surging by 2271% over four years. Despite recent volatility, JM Financial initiates coverage with a buy rating and a target price of ₹ 730, anticipating substantial revenue growth in various segments over next few years.

Dividend stock ONGC has declared an interim dividend of ₹ 4 per equity share, Emami has declared an interim dividend of ₹ 4 per equity share

Diwali 2023: Dalal & Broacha's 10 Mahurat picks include Zomato. DLF, Zee Entertainment, Grindwell Norton, Nestle India, Bank of India, Shivalik Bimetal Controls, NIIT Learning Systems, Indraprastha Gas, Tata Motors. These stock in recommended quantities add to around Rs1 lakh portfolio.