STOCK SCAN

Ginni Filaments is engaged in the manufacturing of cotton yarn, knitted fabric, nonwoven fabric, garments and wipes. Its segments include textiles and others. A state-of-the-art, modern facility with Spunlace technology was set up at Panoli, Gujarat. The plant capacity is 12,000 metric tonnes per annum and it can produce a wide variety of roll goods. The technology and equipments were provided by M/S AndritzPerfojet, France. The quality of the products manufactured in the plant is truly world class with very wide acceptability and validation. The company supports all brands by contract manufacturing for them in a facility that meets all exacting requirements of these multi-national hygiene companies. Buy on declines for target price of `60.

Godrej Agrovet engages in animal feed, oil palm plantations, agrochemicals and poultry. It is one of the largest organised players in the Compound Feed market in India, with annual sales of more than a million tonnes across cattle, poultry, aqua feed and specialty feed. It focuses to improving the productivity of farmers by products and services that increase crop and livestock yields. Buy for target price of `1,200 in medium term.

Tanfac Industries is a joint sector company promoted by Aditya Birla Group and Tamil Nadu Industrial Development Corporation (TIDCO). The company has technology tie ups with Davy Process, Chenco and Grasim Industries. It is the largest producers of Anhydrous Hydrofluoric Acid and Aluminium Fluoride in India and market Leader in AlF3 and HF in the domestic market. Buy for a medium-term target price of `225