STOCK SCAN

TAJ GVK Hotels & Resorts is engaged in the business of owning, operating and managing hotels, palaces and resorts with brand name of TAJ. The company's business activities include the operations of rooms, restaurants and bars, banquets and others.

Its properties include Taj Krishna, Taj Banjara, Taj Deccan, Vivanta by Taj, Taj Chandigarh, Taj Club House and Taj Santacruz. The Taj Krishna property is a five-star deluxe property with over 260 room inventory.

The company has been allotted around 7.5 acres land in Yellahanka, Bengaluru for the hotel project.

With developments like announcement of the National Civil Aviation Policy, extension of the ‘Tourist Visa on Arrival scheme’ to promote international inbound tourism, launch of the ‘Swachh Paryatan’ mobile app and the ministry of tourism’s focus on driving tourism through branding and promotional campaigns, hospitality industry is poised to grow at an ‘incredible’ rate in coming days. Buy on declines for target price of `275.

ITD Cementation India is subsidiary of the Thailand based Italian-Thai development public company involved in construction and civil engineering.

It is engaged in construction of a range of structures, which include maritime structures, mass rapid transport systems, airports and other foundations. The company operates in the construction segment. The Company has approximately 60 live operational sites across over 10 states. Reduced debt after restructuring and plans for QIP foretell good results from the company. Buy for medium term target price of `325.