The Asian Age

STOCK SCAN

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Aimco Pesticides manufactur­es and trades in agrochemic­al products in India and internatio­nally. The company provides various technical grade pesticides and a range of pesticide formulatio­ns comprising liquids, wettable and dusting powders, suspension concentrat­es, and dry flowables. The company markets its products through a network of dealers and distributo­rs under the AIMCO brand name. Buy for medium term target of `125.

Wires & Fabriks (S.A.) manufactur­es and supplies paper machine clothing in India. The company operates through two segments, Paper Mill Products and Wind Power. The company also provides diagonal seam and open ended phosphor bronze mesh wires; and accessorie­s comprising nozzles, doctoring systems and holder. Buy for target price of `200 in next twelve months.

Swan Energy Limited operates in three business verticals; Clean Energy, Textiles and Real Estate. On the clean energy front, the company is setting up LNG regasifica­tion services using a Floating Storage & Re-gasificati­on Unit (FSRU), which is the first of its kind in the country. Developing a speciality finish in lycra based bottom wear, the textile division has begun posting impressive turnover.

On the real estate front, after completion of Hyderabad project the company has started two projects in Bengaluru. Steady buying in the counter foretells good performanc­e in next few quarters. Buy on declines for target price of `250

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