Kirloskar Ferrous Industries Ltd is engaged in the business of pig iron and iron castings. The company specializes in producing custom grey iron castings for original equipment manufacturers and tier-I suppliers. The Company’s subsidiary, ISMT Limited, is engaged in manufacturing of seamless tubes, cylinder tubes, components and engineering steels. The company is on path to become the Largest Alloy steel manufacturer in India and Global Top 5 in Castings. Buy on declines for target price of Rs750 in medium term.

Finolex Industries Ltd: the largest producer of PVC Pipes & Fittings in India, is a leading manufacturer of PVC Resin. The company is engaged in manufacturing of micro irrigation systems, fittings, accessories and a range of irrigation componentsx The annual production capacity for pipes and fittings is 4,00,000 metric tonnes, and for PVC resin, it is 2,72,000 metric tonnes. With its extensive range of products catering to agriculture, plumbing, and sanitation sectors. It has four advanced manufacturing facilities in Maharashtra and Gujarat, which, along with wide distribution network, enables it to ensure the highest standards of quality at every step ofthe value chain. Buy for medium term target of Rs350.