STOCK SCAN

Bandhan Bank is a commercial bank, which offers a variety of asset and liability products and services designed for micro banking and general banking, as well as other banking products and services. Incidentally, Kolkata-based Bandhan is the first bank to be set up in the eastern part of India after Independence. Its asset products consist of retail loans including a substantial portfolio of micro loans, as well as MSME loans. The bank has mobilized deposits more than `27,233 crore and its outstanding loan book is nearly `26,378 crore. With the philosophy of “Aapka Bhala, Sabki Bhalai” the bank is competitively at par with country’s top private and state-run banks. Buy on declines for medium term target price of `1,000.

Godrej Agrovet holds leading market positions in the different businesses in which it operates — Animal Feed, Crop Protection, Oil Palm, Dairy and Poultry and Processed Foods. Buy on declines for target price of `1,200.

Sundaram Brake Linings is engaged in the manufacture of automotive, non-automotive, railways and industrial friction materials. SBL products are extensively used in commercial vehicles, passenger cars, tractors (agricultural), railways and two wheelers. The company with its leading edge technology is a pioneer in the manufacture of asbestos free friction materials in India. The company has a presence in the domestic OEM and aftermarket. The company has approximately five manufacturing facilities, strategically located near major ports. The Company exports its products to over 50 countries across the world. Buy for medium term target of `775.