STOCK SCAN

Bajaj Corp is engaged in the business activity of trading and manufacturing of cosmetics, toiletries and other personal care products. The company has approximately eight production facilities, of which four units are situated in HP, three units are situated in Uttrakhand and the other unit is located at Udaipur, Rajasthan. A new state-of-the-art manufacturing facility has been established at center of Guwahati to fulfill increasing market demand of hair oil and cover north east region with world class facilities. To fulfill grown requirements of market and larger portfolio, company has launched new products. Cost of acquisition of Nomarks brand has been completely amortized in the last three years. Strong brands and good visibility of earnings make the stock good buy for target price of `675.

Welspun Corp is a welded line pipe manufacturing company engaged in offering solution in line pipes. Its manufacturing facilities are located in India, US and Saudi Arabia. The company has prepaid its foreign currency loan and did buyback of non convertible debentures signaling robust financials. Buy for medium term target price of `200.

The Indian Hume Pipe Company has been in the business of manufacturing, laying and jointing of pipelines of various pipe materials. For over three decades, the company has also been undertaking infrastructure development programmes by way of executing on turnkey basis the combined water supply projects . The Company is considered a pioneer in the field of water supply industry. The company also supplies concrete railway sleepers to Indian Railways. Buy on declines for target price of `875.