The Asian Age

STOCK SCAN

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Garware Polyester is an exporter of polyester films. The company also manufactur­es sun control window films. It offers infrared rejection films and films to reduce the impact of mobile tower radiation. The company has shifted its focus to the Speciality Films and has developed new products for the internatio­nal market. These films will mainly cater to the export markets. The company, through its step down subsidiary, Global Pet Films Inc., markets brands, such as GLOBAL WINDOW FILMS and Garware Sun Control and exports its products in China, Europe, Australia and Africa, among others. Buy on declines for target price of `350.

Sobha Limited is engaged in the constructi­on and developmen­t of residentia­l and commercial projects. The company is also engaged in contractua­l projects. In an industry which is characteri­sed by fragmented segments and players — design, manufactur­ing, constructi­on and sales — what has stood in Sobha’s stead is its unique backward integrated process focused on quality. Passage of RERA Act and the government’s decision to overhaul capital gains taxes to pave the way for the listing of (REITs) is big plus for organized realty players. Buy on declines for medium term target of `700.

Man Industries (India) is the flagship company of Man Group, promoted by the Mansukhani family. The company is one of the largest manufactur­ers and exporters of large diameter Carbon Steel Line Pipes in India. The company has two manufactur­ing facilities situated at prime strategic locations. More than 11,000 kilometres of line Pipes have been supplied by the Company worldwide. The stock is a good bet for a target price of `175.

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