Ducon Infratechnologies

Ducon Infratechnologies, a leading fossil fuel/clean coal co. is venturing into green energy via Hydrogen fuel. It installed India’s first sea water flue gas desulfurization system for Reliance Energy. With more green energy units lined up, it has great prospects.

BCL Industries

BCL Industries, one of the largest grain-based distilleries and alcohol producer, has announced a major fund raising by a preferential issue of convertible warrants to fund its expansion plans

Veto Switchgears & Cables

Veto Switchgears & Cables manufactures domestic cables, industrial cables, electrical accessories & LED lighting. It is now focusing on sales by expanding its distribution network. The stock trades at a PE of just 7x to FY23E earnings.

Heranba Industries

Heranba Industries is into agro-chemicals with almost 48% sales from exports. Stock trades at just 9x FY23E earnings. Last 3 years ROCE was 42%. It’s a debt-free co. with strong promoter holding

Datamatics Global

Small IT projects are less prone to be shelved and smaller IT companies do not face problems of attrition. In this space, Datamatics Global is worth considering.

Larsen & Toubro

Larsen & Toubro continues to attract big orders. Its subsidiaries are money spinning machines. A reasonable valuation makes this counter attractive.

Universal Auto Foundry

Universal Auto Foundry posted 1825% higher H1 profit of Rs.5.39 cr. v/s only Rs.28 lakh in H1FY22. Its H2FY23 may be better due to the boom in the auto sector. Keep on your radar for very good returns in short term.