STOCK SCAN

MIC Electronics engages in the design, development, manufacture, and sale of LED video displays, and electronic and telecommunication equipment. On horizon are major developments which can change the way the company is valued. Conversion of debt to equity may soon make the company debt free. The company has reportedly received a very important patent in the LED display segment. Recent orders in the smart street lighting are expected to give fillip to the bottom line. Buy for target price of `45 in medium term.

Shilp Gravures offers engraved copper rollers and printing plates. The company serves various sections of the gravure industry, such as flexible packaging, Anilox rollers, polyvinyl chloride flooring, decorative laminates, speciality coatings, artificial leather, gift wrapper, security printing and transfer printing. With increased demand from the user industries the company is poised to report good numbers in next few quarters. Buy on declines for target price of `150.

Select stocks like Vishnu Chemicals Ltd, TAJ GVK Hotels & Resorts and Shreyas Shipping & Logistics are on the radar of savvy market players. Reports of price rally in Chromate products consequent to limits in production and ban by some countries has triggered sharp buying in Vishnu Chemicals. Buy for target price of `500 in next few months.

Commissioning of Taj Santacruz hotel during Q4 of last year has turned the wind in favour of the TAJ GVK Hotels. Improved occupancy levels at Chandigarh and Hyderabad were reflected in the results. With Tata group trying to do away with multiple brands in the hotel business, observers feel restructuring of TAJ GVK also. Stay invested for target price of `225.

Operating in two segments: Shipping and Logistics, Shreyas is a container feeder owning and operating company. It has fleet of five vessels. Buy on declines for target price of `500.