Sokhi Smart PICKS :-)

* Lakshmi Energy & Foods (Cmp Rs 105) : This food processing company is in for exciting times with the government’s rural thrust and farm incentives. With FY09 EPS of Rs.15 and an estimated FY10 EPS of Rs.20 makes it an attractive pick at a P/E of 5-6 at the current price.

* Microtec (Cmp Rs 159) : A leader in electronic security systems and a company with its presence across the globe has reported an EPS of Rs.57 for FY09 and projects a 30% growth in topline in the coming 4-5 years. Its turnover was Rs.231 cr., operating profit at Rs.72 cr. and PAT of Rs.62 cr. on an equity of Rs.11 cr. makes it a strong contender for a fast run. On corporate governance the company has won ‘Amity Corporate Excellence Award’. Available around Rs.150, the share is available at a very juicy P/E of 2-3 and is on its way to cross its 52-week high of Rs.289.

* Jupiter Bioscience (Cmp Rs 81) : Available at a P/E of 4 or less, this pharma mid cap running at an operating profit margin of 48% is available around Rs.85. The volumes during the last one week in the counter indicate that the shares are being picked up by smart fund managers and long-term investors. The scrip is inching its way to Rs.150 mark in the near term and may overtake its 52-week high of Rs.179.

* Alok Industries (Cmp Rs 27.40) : After a successful completion of its mega rights offer at Rs.11, this company gets a renewed lease of life from the new government and its resolve to end the woes of the textile industry. The stimulus to exports as promised by Minister of Commerce & Industry may give wings to Alok. A F&O scrip with a high of Rs.61 and a low of Rs.11 and a reasonable OPM shall take this scrip to a new high.

* Expo Gas Containers ( Cmp Rs 12.39) : This company is into fabrication business for crude refineries and power plants. It faced financial constraints earlier but now with a one time settlement, it shall soon be debt-free. With the Oil & Gas sector on a new high, this small cap available at low price could be a multi-bagger in the medium-to-long-term.