Possible Merger & Acquisition Companies

Credit Suisse believes the few Indian companies could be likely merger & acquisition candidates

They believe the stocks need over US$100 mn market cap for liquidity.
and should be from consumer-facing sectors (excluded technology, services, industrials, commodities and engineering related sectors). Should have sales growth of over 15% in last three years anda verage ROE of less than 10% despite good sales growth. They find that the media, cement and auto related sectors have potential to see more acquisitions, in addition to aviation and telecommunications

The following are the companies..

Centurion Bank of Punjab Ltd

Deccan Aviation

EIH

Entertainment Network Limited

Escorts Limited

Federal Mogul Goetze

Hotel Leelaventure

IOL Broadband

India Cements

Indiabulls Financial Services

Indian Hotels

J K Industries

Jet Airways (India) Ltd.

MRF

NDTV India Ltd.

Orchid Chemicals & Pharma

Oriental Hotels

PVR Limited

Punjab Tractors

Pyramid Saima Theatres Limited

Ruchi Soya Industries

Sahara One Media & Entertainment

Sanghi Industries

Suven Life Sciences

Tata Tele Services

Television 18

Trent Ltd.

UTV Software Communications

Zee Entertainment Enterprises