STOCK SCAN

Prozone Intu Properties is a focused retail and residential-led mixed-use real estate development company.

The company is harnessing the domain expertise and ingrained experience of Intu Properties Plc, UK’s largest retail real estate developer, combined with promoters in-depth knowledge of the Indian markets. The company has a strong focus in tier 2 and 3 cities in India.

The company’s business segments include leasing and outright sales. After proving itself in Tier 2 as a successful player, the company is now beginning to explore opportunities in Tier 1 cities. To begin with, focus is on the Greater Mumbai area as a starting point.

Buy on declines for target price of `100 in medium term.

Jindal Saw manufactures and supplies iron and steel pipe products, fittings and accessories with various manufacturing facilities in various countries, including India, US, Europe and UAE. The company’s segments include iron & steel products and ocean waterways.

The company is engaged in manufacturing and supplying over 25,000 kilometers of line pipes, and exporting approximately 14,000 kilometers of line pipes for on-shore and offshore pipeline projects across the world. Buy for target price of `150.

Sahyadri Industries is engaged in the production of cement sheets and accessories, trading of steel doors and in generation of wind power electricity.

The company has two segments: building material products and power generation by windmills. The company is engaged in the manufacture of fiber cement corrugated and flat sheets, and nonfiber cement flat sheets. Buy on declines for target price of `225.