The Asian Age

STOCK SCAN

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Windsor Machines is engaged in the business of manufactur­ing plastic processing machinery, which includes pipe extrusion, blow film extrusion and injection molding machines. The company’s segments include extrusion machinery division and injection moulding machinery. Its geographic segments include India and others. Recent launch of the “Two-platen machines manufactur­ed 100% in India” has been successful­ly received both in India and in European markets. Buy on declines for target price of `125.

Bharat Seats is engaged in developing seating systems for passenger car as well as SUVs, moulded floor carpets, luggage carpets, extrusion components for vehicle roof and windshield installati­on all for Maruti Suzuki and is also engaged in developing the seats and the complete seat assembly for two wheelers for Suzuki Motor Cycle India. The company’s plants are located in Gurgaon, Haryana. Good visibility of earnings and strong growth makes the stock good bet for medium term target of `175.

Ador Welding, formerly Advani-Oerlikon, is engaged in the manufactur­e of manual metal arc welding/brazing electrodes, continuous welding electrodes, arc welding/braze welding fluxes, and welding and cutting equipment and accessorie­s under the strategic business units The company products and solutions, for every welding and cutting process, are applicable across industries. The state-of-the-art fabricatio­n facility is equipped with heavy fabricatio­n shop and has been approved by the likes of U, NB, R, IBR, EIL, PDO, Toyo, UHDE, KOC, ADNOC companies and many more. Buy on declines for target price of `650.

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