Canara Bank Securities Broker Research reports

TVS Supply Chain Solutions is among India’s largest integrated supply chain solutions provider in terms of revenues and revenue growth in FY23 with deep domain expertise, global network and proprietary technology.

Hospitals (i.e., Noida Extension Hospital and Greater Noida) are the eighth and 10th largest private hospital in the National Capital Region of Delhi (“Delhi NCR”), respectively, in terms of number of beds in Fiscal 2023 (Source: CRISIL Report). They believe use of compassionate patient care, technology, and experienced medical practitioners enable them to offer patients comprehensive patient care services with individualized attention.

Senco Gold Limited is among very few retail players selling gold and diamond jewellery in organized space, which will
be key beneficiary to take advantage of consumer behavior shift from unorganized space to organized space. Compa-
ny’s past financial performance is also robust as its revenue and profit after tax has grown by 24% and 61% in terms of 2
year CAGR respectively.

Mankind Pharma Ltd. (“Mankind”) is India’s 4th largest pharmaceutical company in terms of Domestic sales and 3 rd largest in terms of sales volume for MAT (Moving An nual Total) December 2022 engaged in diverse range of pharmaceutical formulation across acute and chronic therapeutic areas.

Avalon Technologies is one of the leading fully integrated Electronic Manufacturing Services with a wide range of product portfolio. The company largely generates its revenues from the United States (~63% of revenues), catering to the sunrise industries such as clean tech, power automation, mobility. The company has an order book of INR 1190 crores as on November 2022 with a customer base of 80.