*TOWER TALK 8/2/25* Caution: For private circulation only. Please note that Money Times is for circulation among paid subscribers only. Any attempt to share your access to our website or forwarding your copy to a non-subscriber will disqualify your membership and we will be compelled to stop your supply and forfeit your subscription thereafter without any refund to you. Although Money Times recommendation have outperformed other media, stock brokers and research houses, the brief recommendations under Money Times Talk (MTT) cannot display ‘BUY’, ‘SELL’ or ‘HOLD’ recommendations. Readers should, therefore, exercise their own judgement and evaluate the future prospects of the stock given its past performance, industry prospects in the backdrop of a growing economy and in consultation with their investment adviser. As per market veteran, volatility remains high. Avoid BTST/STBT for the next four years as unexpected Trump tweets may trigger sharp Nifty moves. As per market veteran, markets now focus on trailing and near-term earnings, not FY26-27 estimates. With global uncertainty and overvalued small/midcaps, stick to quality growth stocks at fair valuations avoid tip-based buying. FIIs selling remains aggressive Rs.10,152 cr. in Feb, Rs.87,373 cr. in Jan, and Rs.2,83,744 cr. since 27th Sept. As per market grapevine, Govt. may engage FFIs for a resolution. If selling continues in March, expect further pressure; stability likely from April. RBI cut rates but heavy selling hit small/midcaps & SME stocks on 7th Feb 2025. As per market grapevine, weak Q3 results and still-high valuations despite a sharp correction triggered the fall. Many stocks were pumped to unrealistic levels months ago. As per market veteran, the crash is a lesson always check fundamentals, valuations & PE before investing in bull markets. Avoid buying on hype or projected EPS for FY26-28. Once FOMO ends, even good companies may take 3-7 years to deliver returns. As per astrology, key market turning dates are 10, 14, 21 and 24 Feb 2025 with selling pressure likely on every rise. Broad-based rallies in 2025 seem unlikely. A South Indian astrologer predicts market stability post-Maha Kumbh (26th Feb 2025) with bearish sentiment possibly turning bullish. SEBI hunts 'She Wolf' of the stock market – Cracks down on Asmita Patel & her trading school for running an illegal investment advisory under the guise of education. Rs.53.6 cr. impounded, 42 complaints received. Asmita Patel Global School of Trading lured investors with guaranteed 40% returns & false claims of course fees recovery, leading to heavy losses. SEBI bans Asmita & her company from investment advisory. Traders, beware of unregistered advisors & social media influencers promising easy money. Wealth creation demands long-term discipline. Inspite of fall in Dow, Nasdaq, S&P at US on Friday night, due to big victory of BJP in Delhi election, chances are very bright that India markets open gap up on Monday. In 28th September MTTs, PG Foils given at Rs.219 touched Rs.359 - a gain of 64% in highly bearish market sentiment. In 26th October MTTs, Amal Ltd given at Rs.377 touched Rs.830 - a gain of 120%, during the week in highly bearish market sentiment. In 16th November MTTs, Somi Conveyor Beltings given at Rs.161 touched Rs.200 & now at Rs.189 looks very good. In MTTs 21st December NSE SME Committed Cargo given at Rs.113 touched Rs.207 - a gain of 83% in highly bearish market sentiment. In MTTs 18th January Kamat Hotels given at Rs.208 touched Rs.317 - a gain of 52%, Machino Plastics given at Rs.241 touched Rs.260 & now again at Rs.241 looks very good. In MTTs 25th January Power Grid Corporation of India given at Rs.38 touched Rs.44, Sandhar Technologies given at Rs.443 touched Rs.478, Simmond Marshal given at Rs.129 touched Rs.144. Last week in MTTs 2nd February, NSE SME Alpex Solar given at Rs.660 touched Rs.756 & now at Rs.717 looks very good, Gulshan Polyols given at Rs.200 touched Rs.224. SNL Bearings posted 48% higher Q3 PAT of Rs.2.86 cr., which may lead FY25 EPS of Rs.33+. Stock looks attractive at Rs.383 vs its 52-week high of Rs.514 & paid 70% dividend for FY24. As per market grapevine, investors can focus on Fredun Pharma, Harsha Engineers, Hindustan Aeronautics, International Conveyors, India Pesticides, Likhitha Infra, Machino Plastics, Mafatlal Industries, NSE SME Alpex Solar, NSE SME Kabra Jewels, NSE SME Kaushalya Logistics, Patel Engineering, Pennar Industries, POCL Enterprises (POEL), Reliance Infra, Sandhar Technologies, Shri Bajrang Alliance, Simmond Marshal, SNL Bearings, Somi Conveyor Beltings, Talbros Engineering, Ultramarine Pigments, Winsome Textile for short to medium-term gains. Win big, lose small, repeat. Alpex Solar won a 97.5 MW SECI order (Rs.5.26 mn.) and posted 150% higher H1 PAT of Rs.25 cr. A bullish breakout signals strong Q3 results. With a solar push, FY25-26 looks promising; stock may surpass Rs.1132. Machino Plastics India’s largest plastic bumper manufacturer for Maruti Suzuki ^ Volvo posted 334% higher Q2 PAT & 160% higher H1 PAT & 105% higher PAT in 1st 9 months Rs.5.06 cr. It may surpass its 52-week high of Rs.338. Reliance Infra saw a bullish breakout on 7th Feb 2025 despite weak sentiment; Q3 results on 13th Feb 2025. Watch for moves toward its 52-week high of Rs.351. Somi Conveyor Beltings posted 219% higher Q2 PAT and secures Rs.12.42 cr. orders. With a booming mining capex, Q3 results on 14th Feb 2025 look promising. SNL Bearings (70% dividend) posted 9MFY25 PAT of Rs.8.06 cr. vs. Rs.5.76 cr. last year. ROCE at 18.7% looks strong; may cross Rs.514. Machino Plastics’ 9MFY25 PAT rose 105% to Rs.5.06 cr. Share looks attractive at Rs.241 vs. 52- week high Rs.338. NSE SME Kaushalaya Logistics posted 42% higher H1 PAT of Rs.6.12 cr. with new JK Cement depots & Adani approvals. Stock at Rs.104 vs. 52-week high Rs.163. Hazoor Multi Projects won Rs.67.16 cr. NHAI contract for user fee collection at Hulikunte Fee Plaza, Karnataka. Blue Cloud Softech Solutions signs an MoU with VR Siddhartha Engineering College for digital forensics and cybersecurity services and secures US$3 million contract from a US client. Electrosteel Castings leads in ductile and cast-iron pipes, expanding capacity and trades at PE of 10x for FY25. Heranba Industries, a diversified agrochemical co., expects new capacity to drive growth from FY25. A buy-and-hold for a year could yield good returns. Indian Toners and Developers benefits from anti-dumping duties with Mcap of Rs.300 cr. and Rs.100 cr. in cash & investments. Decent return potential. Sequent Scientific saw its outlook upgraded to Positive by India Ratings. Share trades at Rs.160 vs. 52w high of Rs.240. Keep on radar. Kamat Hotels posted Q3 PAT of Rs.25 cr. with an EPS of Rs.8+. At Rs.300, it remains one of the cheapest hotel stocks. TRF, a Tata company, has turned around in two years and is now expanding. Recent key hirings signal growth. Keep an eye. ITI bags Rs.4500 cr. BharatNet Phase-3 and multiple state tenders. Stock corrected to Rs.300 from Rs.600; a sharp rebound likely. Indian healthcare is set to grow with rising medical tourism. Indraprastha Medical trades at a PE of 28.3x far below the industry’s 57.45x. Vedavaag Systems secures Rs.38 cr. order from Tecnología en Redes y Telecomunicaciones Edelweiss, Mexico for SD-WAN device implementation. Kaushalya Logistics opens its 4th depot for ACC (Adani Group) in Bathnaha under CCFA. Dhruv Consultancy in JV with Balaji Rail Road Systems won Rs.11.4 cr. General Consultant contract from West Central Railway Construction Organization. Sky Gold receives a credit rating upgrade from India Ratings & Research. Dhruv Consultancy posted 32% revenue growth in 9M FY25. Rox Hi-Tech board approves a Mauritius-based subsidiary. Emerald Finance partners with Vikruti Electronics for an Early-Wage-Access Program. Kaushalya Logistics expands with a new depot in Kurukshetra, Haryana under CFA model. Mitsu Chem Plast strengthened its global presence with record 110% export growth. NewMalayalam Steel secures Rs.9 cr. in new orders. Emerald Finance disbursed Rs.2 cr. in EWA loans. Kore Digital posted 206% YoY revenue growth in 9MFY25 & 121% in Q3FY25. Techknowgreen Solutions earns prestigious Category-A Accreditation under QCI-NABET Scheme. AVP Infracon receives LOA for Rs.87 cr. infrastructure project in Tamil Nadu from Superintending Engineer Highways Construction & Maintenance, Tiruvannamalai Circle Kaushalya Logistics expands its footprint with 2 new depots in Bihar under CCFA. Reliance Power's Sasan Power repaid US$150 mn to IIFCL, UK. It posted Q3 PAT of Rs.42 cr. vs. Rs.1137 cr. loss. Strong sector tailwinds. Diffusion Engineers posted PAT of Rs.23 cr. vs. Rs.21.6 cr. Its IPO funds to drive capex & growth. Aartech Solonics, a Defence & Power microcap, developed AAPM for AFVs with IIT Mumbai & Sudarshan Chakra Corps. Promoters raised stake. Rudra Global Infra Products plans Rs.190 cr. capex for 30MW solar. Targets Rs.1000 cr. turnover ans secures LOI for 3.3MW wind project. Cellecor Gadgets partners with Flipkart’s Jeeves Consumer Services and Dixon Tech boosting after-sales, revenue and profits. Debt-free Styrenix Performance posted 37% higher Q3 EPS of Rs.27.1 and 44% higher EPS of Rs.101.8, which may lead to FY25 EPS of Rs.135+. Medium-to-long term prospects look bright. Debt-free IST Ltd posted 46% higher Q2 EPS of Rs.40.4 and 44% H1 EPS of Rs.85.6 in H1, which may lead to FY25 EPS of Rs.150. It trades at a PE of 5.7x vs. industry’s 33x, it looks undervalued. Agarwal Industrial Corp. posted 32% higher H1 EPS of Rs.38.4, which may lead to FY25 EPS of Rs.90+ from Rs.73 in FY24. It trades at a forward P/E of 12.2/x vs. industry average P/E of 22x. Shriram Pistons & Rings acquires TGPEL Precision Engg for Rs.220 cr., adding to past acquisitions. Share is likely to post FY25 EPS of Rs.120 and trades at 14.5x P/E vs. industry’s 37.4x. City Union Bank posted 15% higher H3 EPS of Rs.3.9 and 10% higher EPS of Rs.11.3, which may lead to FY25 EPS of Rs.15.5. Its Net NPA declined to 1.42% from 2.19% YoY. Cash-rich LIC Housing Finance posted 22% higher Q3 EPS of Rs.26.1 and 11% higher 9M EPS of Rs.74, which may lead to FY25 EPS of Rs.100+. Share trades at 0.8x P/BV and 5.7x P/E Standard Glass Lining Technology among India’s top 5 pharma and chemical engineering equipment makers, raised Rs.533 cr. (IPO, OFS, anchor) for capex and debt repayment. Longterm prospects look strong. The government-owned cash-rich General Insurance Corp posted 17% higher Q3 EPS of Rs.9.6 and 20% higher 9M EPS of Rs.28.1, which may lead to FY25 EPS of Rs.45. Real-estate player, GeeCee Ventures posted 111% higher Q3 EPS of Rs.9.3, which may lead to FY25 EPS of Rs.30. Its medium-term outlook looks bright. The government-owned power player, NLC India posted 553% higher Q3 EPS of Rs.9.8, which may lead to FY25 EPS of Rs.25 from Rs.13.5 in FY24. Hero MotoCorp posted H1 EPS of Rs.106, which may lead to FY25 EPS of Rs.210. Share trades at a forward P/E of 19.5x vs. industry average P/E of 32x. It long-term prospects look bright. Indian Bank posted 35% higher Q2 EPS of Rs.20.8, which may lead to FY25 EPS of Rs.85. Its NPA fell to 0.27% from 0.60% YoY. MFs, DIs & FIIs hold 22%. Share trades at just 6.2x P/E. Indian Hume Pipe has an order book of Rs.4168 cr. and a revenue-share deal with Kalpataru & Dosti Builders. It posted H1 EPS of Rs.8.3, which may lead to FY25 EPS of Rs.22. Long-term outlook is strong. Venus Remedies, exporting to 70 countries, posted 184% higher Q3 EPS of Rs.14.5, which may lead to FY25 EPS of Rs.28. Long-term prospects look bright. Sree Rayalaseema Hypo Strength with a 21.25 MW power plant, posted H1 EPS of Rs.25.6. which may lead to FY25 EPS of Rs.55. Share trades at 12.5x P/E vs. industry avg. of 48x. Zero-debt Coral Laboratories posted 93% higher H1 EPS of Rs.42, which may lead to FY25 EPS of Rs. 70+. Share trades at a forward P/E of 10.9x vs. industry average P/E of 33x. IIFL Capital posted 111% higher H1 EPS of Rs.12.6, which may lead to FY25 EPS of Rs.28. Share trades at a forward P/E of 9.2x vs. industry average P/E of 21.7 *Money Times Talk is part of `'Money Times'` publications.bs*