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The Baseline
09 Mar 2021
Five Interesting Stocks Today
  1. Tube Investments: This Murugappa Group auto components company hit its lifetime high today in share price. TII has partnered with a Korean firm to design electric three wheelers. MD Vellayan Subbiah said that the company will start manufacturing and selling electric three wheelers by the end of this calendar year.

  2. Aditya Birla Fashion and Retail: This retail company's promoter has been buying shares via market purchases, purchasing over 820,000 shares across two transactions. The stock has seen a recent recovery in its share price, although it has still not hit the levels it was at one year ago.

  3. Interglobe Aviation: This airline company has seen a jump in delivery volume over the last two trading days. Its share price has been falling with rising delivery after hitting a fresh year high on March 4.

  4. Coforge: This IT software company typically flies under the radar, receiving less news coverage compared to its peers. But the business has caught the attention of brokerages, which have issued four buy calls on the firm in the past three months, citing large deal wins in the insurance and health verticals in its December quarter. 

  5. Laurus Labs: This pharma company is seeing its short term SMAs trading above its longer 200 day SMAs. The company’s share price has outperformed the Nifty50 in the past one year, rising over 313%. However, the stock has underperformed the index in the last month and quarter, and its recent share price decline has put it in the PE Buy Zone.

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