1. Madras Fertilizers Ltd (Rs22/, listed only at NSE):Since, share price of all fertilizer companies have gone up manifold in last 3-4 months, this company looks underpriced. Company has equity of 170 crs and making losses. However, it has huge suprlus land near Chennai where its plant is situated. Looking at trading volumes, it appears that scrip is heading for Rs 35/ mark. A fluke buy with minimal risk with potential of 50% appreciation in near term. Fundamentally, it is weak but due to fancy for fertilizer sector, scrip is being recommended.

2. GKW Ltd (Rs88/): Scrip is being accumulated by knowledgeable circles as its surplus assets are valued nearly 1500 crs. Company has more than 30 acrs land in Mumbai, around 75 acres just outside Calcutta and also in Bangalore. Company is likely to settle its dues by selling Bangalore property for around 250 crs. Thereafter, company may develop IT Park and commercial space in MumbaI land. Some punters are projecting price of Rs 150-175/ in less than 6 months

3. Lok Housing(Rs 350/): Company has very big land bank in and around Mumbai acquired at very lowrates. However, its share price had fallen due to exit of some operator and not-so-good image of the promoters. However, now some big investors/FI have accumulated large chunk of its equity. If marketmen are to be believed, company will make equity placement in next 2-3 months at Rs 550-600/ and hence, its share price is tipped to be Rs 600/ in just 6-8 weeks.

4. N R Agarwal(Rs 33/): This mumbai based company is engaged in the production of packaging paper and boards. Company also has 8mw power plant. It has been paying 15% dividend for last 2 years. From dividend yield point of view, scrip looks a good investment for risk-averse investors.

5. Tyche Industries ltd(Rs25/): This Hyderabad based pharma company is expanding its production capacity, supplying some big names in India and also in exports. Company has paid 15% dividend and is looking for US FDA approval for its plant. It is a risk free investment for investors with low-risk appepite who are content with reasonable capital appreciation. Scrip can go up by 30-40% in 6 months

6. Katwa Udyog (Rs26/): This Belgaum based company has 50,000 tonnes cement plant. Recently, promoters have allotted to themselves shares at Rs 25/ per share. Recently, company acquired another cement plant through auction. Plant is being refurbished and commercial production likely to start by Jan 08. Thus, production capacity will stand doubled. Then, company plans to further expand its capacity to total 2.50 lakh tonnes by Dec 08. It is lowest priced cement stock which can go up 50% in next 4-6 months.

7. Axtel Industries ltd (Rs 20/) This Gujarat based company is manufacturing Food Processing Machineries for food & beverage industry. Company claims to have some the most reputed clients. There are reports that company has bagged some big orders recently and its performance for 07-08 may show 70-100% growth. A risk free investment. If company really succeeds in posting such growth in current year, share price can double in 6 months

8. Pioneer Distilleries ltd (Rs 102/).It is reliably learnt that 2 leading brokerage houses have visited the company and are impressed and will come out buy report with 1 price target of Rs 250/. Moreover, company may get much higher carbon credit money as compared to earlier projections. Its Q3 profit may be 4.25 crs. Negotiations to place shares at Rs 200/ for expansion needs are at advanced stage. Stay invested. Share price can be Rs 150/ in just 4-6 weeks although for medium-term also, it is an excellent pick.

9. Tera Software ltd(Rs 88/): Scrip is being accumulated by knowledgeable circles as company has bagged some big lucrative Govt contracts/orders. With expected EPS of 12-13 in current year and 18 in 08-09, scrip has potential to go up by 100%. Company has surplus in Hyerabad , market value of which works out Rs 38-40 per share. Company develop an IT Park on this land for which it place shares at Rs 150/. Buying strongly recommended. Company is not at all affected by strong rupee as it has nil presence in export market.

Hemant K. Gupta
Centre for Development Of financial Treasure