STOCK SCAN

Pitti Laminations is one of the largest global manufacturers of special purpose laminations for all types of rotating electrical machinery and the country’s largest manufacturer of Electrical Steel Laminations, Motor Cores, SubAssemblies, Die-Cast Rotors and Press Tools. The products have application in industrial motors, alternators, hydro-electric and thermal power generators, wind power generators, DC machines, pumps, medical diagnostic equipment and aeronautic wing control motors. Buy for medium term target price of `150.

Globus Spirits is an India-based alcoholic beverages company. The Company is engaged in manufacturing, marketing and sale of Indian Made Indian Liquor (IMIL), Indian Made Foreign Liquor (IMFL), Bulk Alcohol and contract bottling for established IMFL brands. Buy for target price of `175.

Pincon Spirit (PSL) is an India-based liquor company. The Company is engaged wholesale of intoxications likes wines and liquors; refining and packaging of edible oils (FMCG), and blending and bottling of IMFL and IMIL. The Edible oils business segment is engaged in the manufacture of edible oils and the Company owns a refining and packaging unit. Buy on declines for target price of `110.

Grindwell Norton is a holding company, which manufactures abrasives. The company’s segments include Abrasives, and Ceramics & Plastics. Its Abrasives segment offers bonded abrasives in the form of wheels and other shapes, such as segment and sticks, which are used for various applications ranging from polishing or lapping to removing high quantities of materials. Buy on declines for target price of `750.