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

Bangalore-headquartered Subex Ltd has been chosen for a $12 million licence contract by a mobile group operating in Europe, West Asia and Africa to implement its ROC platform for fraud management and revenue assurance. The project would be executed over the next 16 to 18 months. The scope of the contract is expected to be expanded, resulting in the contract value potentially going up to $20 million.

IT firm Mahindra Satyam has bagged a multi-million dollar, multi-year contract from Aspire Zone, Qatar, one of the leading sports institutes in the world. As part of the contract, Mahindra Satyam will provide onsite and offshore support to Aspire on various application development and infrastructure services projects. Aspire Zone will also utilise Mahindra Satyam's expertise in event and venue management technologies as part of its sports event and venue management solution roadmap.

Bangalore-based value-added services provider OnMobile announced a partnership with Starfish Mobile, a leading content aggregator, to offer ring back tones (RBT) and IVR (interactive voice response) to mobile subscribers in Africa. Under the agreement Starfish Mobile's content would be deployed on OnMobile's RBT & IVR technology platform, enabling telecom operators in the African continent to offer innovative music services to their subscribers.

State-run Chennai Petroleum Corp plans to shut two of the three crude units at its 210,000 barrels per day (bpd) Manali plant in southern Tamil Nadu state by September for maintenance. Chennai Petro, a unit of India's biggest refiner, Indian Oil Corp, planned to shut a 56,000-bpd crude unit for 21 days in May-June and a 74,000-bpd crude unit for 23 days in August-September for maintenance.

Economic Highlights

Indian Oil Corp (IOC) will import 4.2% more crude oil in term deals for the next fiscal starting April than a year ago to feed its expanded capacity. State-run IOC raised capacity of its Panipat plant in northern India by a quarter in 2010, taking total capacity to 1.3 million barrels per day (bpd) and emerging as India's biggest refiner ahead of private sector Reliance Industries. IOC will import 18% or 40,000 bpd more crude from Iraq in 2011 than a year ago, as it has upgraded secondary units at its plants to enable production of Euro III and Euro IV compliant fuel in 2010.

Forthcoming Result

17-Mar-11  MidValley Entertainment