The fears of US recession and after-effects of sub prime crisis have caused a massive erosion of investor wealth in the stock markets. The rising oil prices has also dampened the investor sentiment. Indian government is expecting a GDP growth of 8-8.5 per cent compared to an earlier estimate of over 9%. Indian stock markets were near their lifetime high in the start of January 2008 and most of the stocks were trading at lifetime high. Many Indian stocks are available at attractive valuations after the recent stock market meltdown.

Agro Dutch touched a 52-week low of Rs 24 on March 17, 2008. Ambuja Cement touched a 52-week low of Rs 96. Binani Industries touched a low of Rs 121 in today's trading
session. The stock touched a high of Rs 131 on NSE and closed at Rs
122.75. The stock is looking attractive at current valuations for
long-term investors.

Ansal properties touched a 52-week low of Rs 133.6 on NSE on Tuesday. The stock has touched a 52-week high of Rs 469 recently. The stock has been very volatile due to the involvement of the promoters in Shringar Cinema case.

Bharat Forge is another interesting stock for long-term investment. The stock touched a 52-week low of Rs 242.7 on March 17, 2008. The stock closed at Rs 246.2 on Tuesday. The stock has touched a 52-week high of Rs 390.

Crest Animations touched a 52-week low of Rs 44.7 in today's trading session. The stock has touched a 52-week high of Rs 164. The stock closed with the loss of 6.1% in today's trading session. At the current price, the stock is looking good for long-term investment. The company has strong fundamentals and the stock can offer decent returns in a timeframe of 18 to 24 months.

Dish TV touched a 52-week low of Rs 42.1 on Monday. The company is expected to announce a decent rise in its profits in coming quarters. The stock has touched a 52-week high of Rs 142.8 on NSE. As the stock market crashed in January this year, some stocks are available at very attractive prices.

Pharmaceutical counter Dabur Pharma touched a 52-week low of Rs 48. The stock managed to close at Rs 49 with a loss of 5.6%. The stock is good for long-term investors.

Jet Airways touched a 52-week low of Rs 530 today. The stock closed at Rs 534 after losing 3.6 per cent compared to yesterday's close. The stock has touched a 52-week high of Rs 1048.

Telecom PSU MTNL touched a 52-week low of Rs 95.25. The stock managed to close at Rs 98.95, up by 2.2% compared to yesterday's close.

Orchid Chemicals touched a 52-week low of Rs 109. The stock has touched a 52-week high of Rs 326 and is available at an attractive price right now.

Fedders Lloyd, Federal Bank, Finolex Industries, GM Breweries, GokalDas Exports, Gulf Oil Corporation, HFCL, House of Pearl Fashions, GTN Industries, Ind Swift, Ind Swift Labs, Inox Leisure, ITI, Jyothy Laboratories, Kinetic Motors, Media Video, Moser Baer, Nahar Spinning Mills, Nucleus Software, Omnitech, Orchid Chemicals, Omaxe, RS Software, Rural Electrification Corporation and Videocon Industries are hovering around their 52-week low.

Long-term investors can consider taking position in any of the stocks after considering the fundamentals of the company. We will suggest investors to consult their financial advisor before making the final decision. The valuations are attractive but there may be a further decline of up to 20% in some of these counters.