STOCK SCAN
Ganesh Benzoplast is engaged in the manufacture, export and import of a range of specialty chemicals, food preservatives and industrial lubricants. The company also provides conditioned storage facilities for bulk liquids and chemicals at various ports in India. Its segments include Chemical division and Liquid Storage Terminal (LST) division. Its LST division provides storage tanks which are leased on rent for storing liquid chemicals, oil products, petrochemicals, molasses and edible oils, among others. LST division will benefit immensely from the introduction of GST. Buy on declines for target price of `100.
GP Petroleums is engaged in the production of lubricating oils, greases, and rubber process oils and other products from crude oils. The firm’s segments are Lubricants and Trading. The company markets its products under the IPOL brand name. The company’s products include automotive lubricants, industrial lubricants, process oils, transformer oils, and white oils. Its manufacturing facilities are located in Vasai and Daman, with a production capacity of 80,000 kiloliters. Buy for medium term target of `165.
Indian Toners & Developers is a holding company. The company is engaged in the business of manufacturing compatible toners for photocopiers, laser printers, digital multi-function devices and white format printing. The company’s geographical segments include domestic sale and export sales. It has presence in over 25 countries. The firm also offers chemical color toners for use in laser printers and copiers for various brands. It has distributors in Singapore and the UAE. The company’s manufacturing facilities are located at Rampur (UP) and Sitarganj (Uttrakhand). Buy for target price of `275.