Weekly Recommendations

Praj Industries: Buy

Investments can be considered in the stock of Praj Industries, a leader in biofuel technology, with a 2-3 year perspective. The company is well placed to benefit from the robust demand outlook for ethanol equipment and technology

Cummins India: Hold

While growth prospects for Cummins India appear attractive, concerns over currency appreciation and margin pressure could cap price appreciation.

Bharat Forge: Hold
Though slowdown and margin pressures may impact earnings in the short-term, the long-term prospects appear good.

3M India: Buy
A diversified roster of products and clients makes for bright growth prospects and resilience in earnings.

Radio waves
Sun TV Network through its subsidiary — South Asia FM — has picked up about 49 per cent stake in Red FM to further its FM Radio broadcasting business in the North, West and East Indian

Adlabs Films: Buy
As one or two box-office hits have the ability to magnify profits, investors need to take a long-term view