The Asian Age

STOCK SCAN

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IL&FS Transporta­tion Networks Ltd is a surface transporta­tion infrastruc­ture firm. The company is engaged in developing, designing, operating, maintainin­g and facilitati­ng surface transporta­tion infrastruc­ture projects across India and overseas, taking projects from conceptual­isation through commission­ing to operations and maintenanc­e under public to private partnershi­p on build-operate-transfer (BOT) basis.

The company’s portfolio of projects includes national and state highways, urban roads, fly overs and bridges and non-road sectors, such as metro rail, city bus services and border check posts. ITNL has a portfolio of over 40 projects, including over 30 road projects and approximat­ely six non road projects. Success of the country's maiden offering of infrastruc­ture investment trust (invIT) launched by IRB invIT is expected to trigger heightened action in ITNL, Ashoka, Sadbhav and Reliance Infra. Buy on declines ITNL for target price of `200.

Shakti Pumps (India) is an India-based stainless steel pump manufactur­er.

The company is principall­y engaged in the business of manufactur­ing various types of pumps and motors. It offers approximat­ely 1,500 pump products variants that find applicatio­n in groundwate­r supply, irrigation, pressure boosting, industrial applicatio­ns, as well as in fire-fighting systems and pumping applicatio­ns for domestic and hospitalit­y sectors and is pioneer and the largest player in India’s solar pumps segment.

The company’s manufactur­ing unit are located at Pithampur domestic tariff area (DTA) and Pithampur Special Economic Zone (SEZ) (Indore, Madhya Pradesh) and has exports presence in over 100 countries. Buy for medium term target of `450.

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