Investors with horizon of 6-12 months can consider following scripts for their investment. These companies have potential to give higher returns than index over a long term.

HDFC BANK
Larsen & Toubro Limited
Bhushan Steel
McNally Bharat
Sangam India Ltd
Sutlej Textiles Ltd
UTV Software Ltd
Nahar Spinning Mills Ltd
Dena Bank Ltd
JK Paper Ltd
Biocon
Axis Bank
BHEL
SAIL
Coal India
Garware Polyester Ltd
Banswara Syntex Ltd
RSWM Ltd
MphasiS Ltd
GEI Industrial Systems Ltd
Ballarpur Industries Ltd
Visaka Industries
STATE BANK OF INDIA
Aurobindo Pharma Ltd
TATA Steel
HCC
TT Ltd
Orient Ceramics Ltd
Genus Power Ltd
Allied Digital Services Ltd
TNPL
Arti Drugs
Munjal Showa
ICICI BANK
TRIL
JSW Steel
KPR Mills
Kajaria Ceramics Ltd
Shivam Autotech Ltd
United Phosphorus Ltd
DIC India Ltd
Indoco Remedies Ltd
Monnet Ispat
Jindal Saw Ltd

Corporate Highlights
RPP Infra Projects has bagged an order of Rs 1,500 crore from the government of Gabon for construction of 10,000 housing units over three years. Under this agreement, the government shall provide 120 hectares of free land for the construction of the houses. RPP Infra Projects, as per the deal, would get the right to utilise 20% of the land for construction of residential, commercial and institutional complexes and sell it in the market.

Hotel Leelaventure Ltd, which runs five-star hotels, plans to raise about Rs 9.5 billion over the next 28 months by developing residential projects in Pune, Bangalore and Hyderabad and selling a property in Chennai. The company will use the proceeds mainly to cut its debt which currently stands at about Rs. 38 billion.

Ambuja Cements Ltd’s shipments in February rose 5% from a year ago to 1.77 million tonnes. The production in February rose to 1.79 million tonnes from 1.68 million tonnes a year earlier.

Strides Arcolab has received USFDA approval to manufacture vancomycin injections at its new facility in Bangalore. The company plans to manufacture all its approved sterile injectables from this facility and subsequently launch them in the US. The drugmaker expects shipments of vancomycin injections, which fall under its speciality business unit Agila Specialties, to begin this month.

Economic Highlights
India's infrastructure sector output grew 7.1% in January from a year earlier, faster than an downwardly revised annual growth of 6.1% in December. In the first 10 months of the current financial year, which ends in March, output rose 5.6%, compared with 5.5% growth in the year-ago period. The infrastructure sector accounts for 26.7% of India's industrial output.

India's exports in January rose an annual 32.4% to $20.6 billion, while imports for the month rose 13.1% on the year to $28.6 billion. India's trade deficit in January widened to $8 billion compared with $2.6 billion in December. Exports in April-January exports rose an annual 29.3% to $184.6 billion. Oil imports for January fell 7.8% to $7.9 billion.

Forthcoming Results

04-March-11     Pasupati Spg