Hot Buy's

* Indian Hume Pipes (Rs.594.35) has orders in hand worth of Rs.1258 cr. of which 83% orders are with a price increase clause, which will ensure profit margins in future. There are indications that the company is likely to show compounded growth of 40% per annum in the topline. PAT margins are likely to remain around 4%. Investors can accumulate this stock on dips for good long-term growth. * Kirloskar Pneumatic (Rs.4.40) - Successful in-house development of 1 MW Wind Mill Gear Box will create a business opportunity of over Rs.1500 cr. during 2009-13 in the domestic and global markets. Propulsion Systems for Naval application will generate business opportunity of over Rs.500 cr. During 2010-13, Process Gas, Marine Refrigeration, Transmissions, Rotary Compressor & Road Railer will be the growth drivers for the future. Investors are advised to keep a watch on this stock for investment on dips for good long-term growth. * Kalpana Industries' (Rs.122.85) sales shot up to Rs.153 cr. from Rs.103 cr. for June 2008 quarter while net profit shot up from Rs.3.97 cr. to Rs.7.75 cr. Full year EPS is likely to be around Rs.35. Accumulate this stock below Rs.120 level for good long-term growth. * Amrutanjan Health's (Rs.318.45) market cap is just Rs.102 cr. The company is sitting on cash after selling land. Long- term investors can accumulate this stock on dips. Recently, the company declared 400% special dividend as company sold part of its real estate. Stock is ex-special dividend now. * Garware Wall Ropes (Rs.83.45) looks attractive for investment at current valuations. It has reacted from a high of Rs.258. * Net profit of JMC Projects (Rs.205.55) has gone up by 49% to Rs.7.92 cr. in Q1FY09 as against Rs.5.31 cr. in Q1FY08. Sales rose 73.40% to Rs.312.83 cr. in Q1FY09 as against Rs.180.41 cr. in Q1FY08. The company has orders worth over Rs.2000 cr. Its strong order book position will enable the company to achieve healthy growth in terms of turnover and profitability in coming years. FY09 estimated EPS is likely to be around Rs.30. The stock has reacted from its high of Rs.600 and looks attractive at Rs.210 level. * Core Projects (Rs.218.60) is attracting informed buying by strong investors. Stay invested. * Knowledgeable investors are accumulating the shares of Arrow Webtex (Rs.42.10). * Jetking (Rs.331) has reported encouraging results for June 2008 quarter. Sales are up from Rs.7.39 cr. to Rs.11.25 cr. PBT shot up from Rs.2.9 cr. to Rs.5.37 cr. and net profit shot up from Rs.2.36 cr. to Rs.3.51 cr. It declared interim dividend of 50% on increased capital, which works out to 100% on the old capital. Investors can continue to hold this stock. It has outperformed the market in the last 8 months. There is indication of good times ahead. * There is unconfirmed news that ECE industries (Rs.279.40) may enter into power projects. Stay invested. * Results of Revathi Equipments (Rs.870) are below expectations. If stock reacts to Rs.800 level, it is good for accumulation as long-term outlook is encouraging. There are indications of new developments in the company. * Hindustan Dorr-Oliver's (Rs.102) net profit for Q1FY09 increased by 74% to Rs.6.1 cr. from Rs.3.5 cr. in Q1FY08 while sales were higher by 55% at Rs.84 cr. Long-term outlook is very encouraging. The stock is a strong choice for every portfolio for good long-term growth. * Grauer Weil (Rs.94.85) has bounced back from its recent low to the current level of Rs.94. Stay invested. There are talks of a merger with Bombay Paints as per informed sources. * Rishi Laser (Rs.67.70) is under accumulation by smart investors. The company has incurred good capital expenditure over the last few years and has developed a strong manufacturing base at various locations, the benefit of which will come over the next few years.