Rain industries is a stock to watch out for.
Company is in to CTP and CPC.
Both of these are used in aluminum industry.
There is a deficit of pet coke in the industry because of the new Chinese air pollution law implemented last year.
Both these products has seen uprise of 15-20% over the last 2 months
Furthermore, by products produced in this such as benzene, toluene has been on uprise in demand.
Company has cut down on costs and is expected to report higher profits in coming quarters
With China announcing cut in aluminum capacity, Indian players across the aluminum value chain would try to gain the market share.
Rain industries has closed above 52wk high yesterday.
Current price of the stock is cheaper than its peers.
On March 1st, stock closed at previous day high, and open and low was same.
On March 2nd, stock closed above previous day high and 52 week high.
Company reported its last quarter results on 27th Feb: 22.7 cr profit vs loss of 7 cr.
Stocks has been on strong uptrend over since a year, and this trend is likely to continue.
Also note, Stock has already rosen 167% in last 1 year.
Parallel to this, it’s peer Himadri speciality has grown 172% over 1 year.
And Rain is currently trading much cheaper than Himadri. With rains diverse portfolio of cement, captive power generation, and black business makes its more interesting than its peers

Key sectors to watch out for today include:
1. Affordable housing companies and construction materials suppliers such as tiles/sanitary: Ganesh Housing, Ansal housing, Nitco tiles
2. Media and Digitalization companies such as Hathway cables.
3. Shipping companies like SCI and Gol offshore limited