STOCK SCAN

Rubfila International is engaged in the manufacture and sale of heat resistant latex rubber thread. The company’s geographic segments include outside India and within India. Its plant is located at New Industrial Development Area, Kanjikode, Palakkad, Kerala. Lower rubber prices and growing demand spell exciting quarters for the company in coming months. Buy for medium term target of `170.

Amarjothi Spinning Mills is engaged primarily in the manufacture of yarn. It dyes yarn for hosiery, woven and home textiles. The Company owns approximately 10 windmills. Good results and demand from user industry propelled the stock to new highs with volumes. Buy on declines for medium term target of `400.

IntraSoft Technologies is an India-based multi-channel e-commerce retail company. The company offers a range of IT-enabledservices. The company offers products under various categories. The company sells its products on its own website, www .123 stores. com. The company’s web-based enterprise resource planning platform is a set of business algorithms, designed to optimize delivery time and product selections in line with the capabilities of its logistics partners. Value unlocking is expected with the dilution of equity in fully owned subsidiary 123stores. Buy on declines for target price of `750.

Some companies which are facing debt problems and have gone for restructuring are under spotlight. Ballarpur Industries Ltd, IVRCL Infra and GVKPIL have gained sharply during the last few weeks on reports of restructuring of debt or sale of assets to reduce debt burden