STOCK SCAN

Chemicals manufacturer Mangalam Organics is engaged in the manufacturing and selling of Camphor, Sodium Acetate and by-products, Terpene Chemicals, Synthetic Resins and Phenol formaldehyde resins. It offers camphor tablets under the brand name mangalam. After the fire in the synthetic resin segment during June 2015, production was stopped, however it has been able to selectively restart the production of few high margin synthetic resins in the last two years. The Company exports its products to Europe, the US, Africa and the Middle East. The company’s manufacturing units are located at Kumbhivali village, Taluka Kahalapur, Khopoli, district Raigad, Maharashtra. Buy on declines for target price of `325.

HealthCare Global Enterprises is engaged in managing cancer hospitals, cancer centers and medical diagnostic services, including scientific testing and consultancy services in the pharma and medical sector. Headquartered in Bangalore, it is the largest provider of cancer care in India and has pioneered the introduction and adoption of several technologies in the country. It is involved retail sale of pharmaceuticals, medical and orthopedic goods and toilet articles. Buy for medium term target of `450.

Wonderla Holidays belonging to V Guard group is engaged in the business of amusement parks and resorts. The company’s segments include Amusement park, Resort and Others. The Company operates approximately three amusement parks in Kochi, Bangalore and Hyderabad under the brand name Wonderla. It has acquired land in Chennai. Buy for medium term target of `625.