Pidilite Industries manufactures various types of adhesives, sealants and specialty chemicals. Its brands -- Fevicol and Dr Fixit -are the market leaders in their segments. Buoyant end user industry and lower raw material prices due to fall in crude oil prices spell good times for the company. Buy for a target price of Rs 161 -168 - 177
PTL Enterprises or erstwhile Premier Tyres Ltd is a shell company of the Apollo Tyres group. The company owns valuable real estate at Ernakulam and a 500-bed superspecialty hospital in Gurgaon. The value of its assets is reported to be higher than the company's present market cap. Buy for 22.5 - 23. 5 - 24.5.
Midcap pharma major Ipca Labs is on the radar of savvy fund managers. It has a strong presence in the semi-regulated markets like Africa and Russia. The growth of its domestic formulation business is outperforming the industry's growth. Buy for a target price of Rs 1,000-1,200.
Jindal Stainless is the only Indian composite stainless steel plant, which manufactures stainless steel slabs, blooms, HR and CR coils. Sources indicate that it has finalised the restructuring of its huge debt and also report improvement in sales realisations. Buy for a short-term target of Rs 120 - 140.
reagards,
rajesh.saladi
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