STOCK SCAN

Hinduja Ventures is engaged in trading of electronic equipments, and treasury and investments. The company’s segments include real estate, and investments and treasury. The real estate segment consists of real estate activities in the form of property development; owns land in Bengaluru and in Hyderabad. The investments and treasury segment consists of activities relating to deployment of surplus funds and existing stock in trade/investments in shares and securities, other than subsidiaries. Buy on declines for target price of `1,600.

Jyothy Laboratories is a multi-brand, multiproduct company focused on FMCG industry. It is principally engaged in manufacturing and marketing of fabric whiteners, soaps, detergents, mosquito repellents, scrubber, body care and incense sticks. Robust expected GDP growth, increasing disposable incomes and growing living standards spell good times for FMCG firms. Buy for target price of `750 in medium term.

Jamna Auto Industries is engaged in providing automotive suspension solutions for CVs. It is engaged in the business of manufacturing and selling of springs. The company has association with global leader Ridewell Corp, USA, for design and manufacturing of Air Suspension and Lift Axles. Buy for target price of `125.

Rico Auto Industries is engaged in the manufacturing of clutch and crank case. The company is engaged in the manufacturing and sale of auto components for two wheelers and four wheelers. It manufactures and supplies high precision and machined components and assemblies, both aluminum and ferrous, to OEMs. Buy for target price of `125.