At a time when shares of most blue-chips are trading at higher multiples, a section of investors have zeroed in to those stocks which command unique business models with probability of higher growth trajectory.
And to cater to these investors the broking community also seems to be putting in efforts to discover such emerging opportunities.
Three of the Motilal Oswal’s recent recommendations appears to have received good reception amongst investors given that shares of the brokers’ latest picks – Marico Kaya Enterprises, Brigade Enterprises and Wonderla Holidays – each rallied more than 4% on Friday. Brigade Enterprise led the market gains by clocking in an 8% surge.
Interestingly all these stocks saw a spurt in their daily traded volume. While trading activity on Marico Kaya Enterprises and Wonderla Holidays jumped seven fold compared to its thirty day average, Friday’s volume of Brigade enterprise jumped 18 times.