Mar 16, 2017 04:31 PM IST | Source: CNBC-TV18

See 40% upside in NBCC, EIL; hold Trident, Future Lifestyle: Sanjiv Bhasin

Sanjiv Bhasin of IIFL told CNBC-TV18, "I will go back to my old favourites NBCC. Engineers India Limited (EIL) became ex-bonus, there was some weakness there and they continue to be the best performing stocks and the best performing sectors and businesses. Going forward, we think oil marketing companies expansion in hydro carbon and NBCC becomes a beneficiary of the construction in tier- I and tier II. We think there is a 40 percent upside in both those stocks." 

"Trident and Future Lifestyle Fashions have been two of our favourites with all-time highs. We would recommend staying invested in those stocks. We would also be very bullish on the white goods player particularly Voltas and Blue Star and some of the manufacturing players like Thermax where we see immense amount of value. Not to forget Indian Hotels as a GST play which we think can be an outperformer going ahead," he said. 

"Gujarat Pipavav Port becomes a best proxy on the inland water transportation where there is a lot of emphasis and we think with the APM holding 43 percent stock holding in this stock, we think it is headed much higher. The risk reward on this stock is very bullish given that the baltic freight Index is also hitting new all-time highs."

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