STOCK SCAN

Vascon Engineers is an engineering, procurement and construction ( EPC) company. The company’s principal activities include real estate development, hospitality, and manufacturing and building management system. It has presence in Bangalore, UP, Chennai, Ludhiana, Mumbai, Pune and Goa. Buy for target price of ` 75.

Prozone Intu Properties is a focused retail and residential- led mixed- use real estate development company. It is harnessing the domain expertise and ingrained experience of Intu Properties Plc, UK’s largest retail real estate developer, combined with promoter’s in- depth knowledge of the Indian markets. The company has a strong focus in tier 2 and 3 cities in India. After proving itself in Tier 2 as a successful player, the company is now beginning to explore opportunities in Tier 1 cities. Buy on declines for target price of ` 100 in medium term.

Maharashtra Seamless is engaged in manufacturing steel pipes and tubes. Its manufacturing plant has a capacity to produce 1,50,000 tons per annum of carbon and alloy steel hot finished and cold finished seamless pipes. It has a 7MW wind power plant in Maharashtra and a 5MW solar power plant in Rajasthan. It also owns a 20 megawatt solar power project in Rajasthan. Buy for target price of ` 775.

Enkei Wheels ( India) is engaged in the auto parts and equipment industry. The company's operations include the manufacturing of aluminum alloy castings wheels mainly used in automobile industry in India. The company's products are mainly used in utility vehicles and mid- size car segments. Buy on declines for medium term target price of ` 650.