My article on application of Graham-Rao analysis to Indian stocks at the moment appeared in Smart Investor of 8/1/07 on page 7. 9 stocks came out to be value stocks with reference to prices on 3/1/07.
UCAL fuel systems
South Indian Bank
Oriental Bank of Commerce
City Union Bank
The article can be accessed from http://www.business-standard.com/general/storypage.php?&autono=270553.
As far as my knowledge goes, this is the first time that a full list of Graham's defensive analysis is published on Indian stocks.