Just running through a few companies which come on a technical and fundamental radar. As it is impossible to track so many companies on a fundamental basis its good to take ideas from other readers/investors.
Below are a few stocks which look interesting to study. Please do not take it as a buy call but worth researching and maybe something interesting will pop up.
Ahluwalia Contracts India --- Promoters hold 72% and Institutional Investors with some good names hold around 18%. Stock available at 52 week lows. Good volumes seen in last few sessions.
Ceat Limited – The stock looks interesting with rubber prices taking a hit. Management consideration has been a major problem for the stock. But worth keeping a tab on.
Dalmia Bharat Sugars --- Pretty cheap in terms of replacement cost to market cap but at the same time huge debts too. If the sugar cycle turns the stock can get market fancy
Elecon Engg – A big fund has exitted the stock at 52-55 levels. Fundamentally people expecting some restructuring and new order flows. Needs a further research. Again available closer to 52 week lows
Will invite views from readers on the above stock.