STOCK SCAN

Crompton Greaves Consumer Electricals manufactures and markets a range of consumer products. The business was operationally demerged from Crompton Greaves in Oct. 2015 and was listed on the stock exchanges a few months back. The company's main products/services include lighting products (luminaries and light sources) and electrical consumer durables (fan and appliances and pumps). Buy on declines for target price of `325.

Jyothy Laboratories is a multi-brand, multiproduct firm focused on fast-moving consumer goods industry. The company is principally engaged in manufacturing and marketing of fabric whiteners, soaps, detergents, mosquito repellents, scrubber, bodycare and incense sticks. Recent spurt in volumes has been attributed to Henkel’s interest in the company. It can be recollected that Henkel has an option to acquire 26% equity in the company pursuant to an earlier agreement. Buy on declines for medium term target price of `550.

Maharashtra Seamless is an India-based company, which is engaged in manufacturing steel pipes and tubes. The company operates through two segments: Steel Pipes & Tubes and Power — Electricity. Its manufacturing plant has a capacity to produce 150,000 tons per annum of carbon and alloy steel hot finished and cold finished seamless pipes with size range from 10.3 mm to 177.8 mm. It has a 7 MW wind power generating plant in Maharashtra and a 5 MW solar power plant in Rajasthan. It also owns a 20 MW solar power project in Rajasthan. Buy for target price of `500.