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Apr 25, 2012, 12.26 PM IST
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Remember these are midcap ideas not just for the day, but stocks that look attractive in the medium-term as well.
This week, Rajesh Agarwal of Eastern Financiers, Ashish Kapur of Investshoppe and Lancelot D Cunha of ITI Wealth Management battle it out for top honours.
Below their top stock picks and analysis:
Rajesh Agarwal of Eastern Financiers
One can buy Cox & Kings with an intraday stop loss of Rs 122 and target of Rs 150. The stock has seen considerable amount of beating in the recent past because of depreciating rupee and concerns over European operations but we think that most of the negatives are already been discounted because if you look at the fundamentals of company the fundamentals are quite strong. The company operates into more than 19 countries worldwide, in the past six years has made lot of acquisition, the current acquisition of Holidaybreak (HBR) is going to add to the bottomline in a big way in the coming years hence we are recommend this as a buy.
One can buy Adani Port with a stop loss of Rs 124 and target of Rs 132. This company has already refinanced its USD 200 billion loan which it has taken in Australia. Even the HPCL-Mittal Bathinda refinery has already been commissioned in last week of March which is going to add to the volumes and the volumes are also going to be added by the coal supply for Adani Power and Tata Mundra Power UMPP.
One can buy Zensar with an intraday target of Rs 243 and stop loss of Rs 222. Cisco which is one of the biggest clients of this company is going to scale up its operations and with the scale up of operations of Cisco Zensar is going to see scale of revenue in the coming quarters. The management is targeting revenue of around USD 1 billion by FY16. Nine months numbers were quite impressive with around 68% jump in topline and around 27% jump in bottomline.
One can buy Wockhardt with a stop loss of Rs 680 and target of Rs 710. The company has given strong set of numbers in Q3; it’s in the process of finalising a deal with Danone for nutrition business, FCCBs are going to be paid by August and once these things are done the company comes out of the CDR and more visibility on earning would be there.
Tags: Lancelot D Cunha of ITI Wealth Management, Ashish Kapur of Investshoppe, Rajesh Agarwal of Eastern Financiers, Bull's Eye, Cox & Kings, Adani Port, Zensar, Wockhardt, Apollo Tyres, Geometric, Jubilant Food, Motherson Sumi, Tata Power, LIC Housing, UCO Bank
Action in Cox & Kings
May 24 2013, 16:42
- in Rupee
May 23 2013, 09:33
- in Technicals