Deccan Chronicle

STOCK SCAN

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■ Kulkarni Power Tools Limited manufactur­es and markets electric power tools and roots blowers/exhausters. Its power tools include drills, rotary hammers, chipping machines, demolition hammers, concrete core cutters, and others for constructi­on, wood working, metal working and automobile applicatio­ns.

The company ma-rkets its products through a distributi­on network in India, as well as exports its products to South Africa, Australia, the Middle East, Nigeria, Kenya, Syria, Jordan, etc.

Buy for price target of `125 in medium term.

■ Walchandna­gar Industries Limited operates as a heavy engineerin­g project execution company worldwide.

It operates in the Heavy Engineerin­g, Foundry and Machine Shop, and Others segments. The company offers booster motor casings and nozzles for aerospace applicatio­ns; machinery for cement and critical equipment comprising combustion chambers, al. alloy bridges, launching systems, motor casings, etc. for defense sector.

Buy on declines for target price of `500.

■ Kar Mobiles Limited manufactur­es and markets medium and large engine valves for applicatio­n in internal combustion engine. It offers steel and nickel alloy engine valves that are used in various applicatio­ns in segments, such as agricultur­al/industrial/stationary, marine, locomotive­s, battle tanks, and also serves original equipment ma-nufacturer­s in India and internatio­nally. Buy on declines for target price of `550.

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