STOCK SCAN

Nelco is a very small aperture terminal (VSAT) provider and offers network communications solutions. The company operates through two segments: Network Systems consisting of VSAT services (including SATCOM) and Managed Services, and Automation & Control consisting of Integrated Security and Surveillance Solutions (ISSS) and Unattended Ground Sensor (UGS) business. The Company has evaluated the opportunities of offering services for the aero and maritime communication and is expected to make foray in next few months. The potential for these services is high. The company will be operating the ISSS business in a restricted manner in the near future. The company has expertise in executing projects in Railways, Oil PSUs and Defense sectors, which are valued in the industry. Buy on declines this Tata group laggard for unexpected sharp gains in medium term..

Gujarat Alkalies and Chemicals is a chemical manufacturing company. The company offers caustic soda lye and caustic soda flakes. Achieving better operational performance through cost control measures, consistent review of pricing strategy and other measures, the company is also well poised to reap benefits of expansion in Chlromethanes and Hydrogen Peroxide. Buy on declines for target price of `850

Damodar Industries is one of the largest producers of value added yarns in India having a group turnover of $100 million from 6 manufacturing facilities with focus on manufacturing specialty yarns. It currently exports to over 40 countries across Europe, South Africa, South America, Australia, Korea, Belgium, Singapore, etc. Buy for medium term target of `185.