Bull's Eye: Buy UCO Bank, Grasim; sells MRPL, Yes Bank

Published on Wed, Jan 25, 2012 at 11:23 |  Source : CNBC-TV18

Updated at Wed, Jan 25, 2012 at 13:28  

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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, SP Tulsian of sptulsian.com, Jagannadham Thununguntla of SMC Global and Nooresh Merani of AMSEC 

Research battle it out for top honours.

Below their top stock picks and analysis:

SP Tulsian of sptulsian.com

Buy UCO Bank with a day target of Rs 73.50 and stop loss of Rs 66.90. The buy call has been given because we are seeing midcap PSU banking stocks being in focus and this stock seems to be quite attractive as FY12 EPS is seen to be close to about 18 which translates into a PE of less than 4 and price to book of less than 1.75. The result of the bank for Q3 is awaited next week, which is likely to be better and hence a buy call.

Buy BF Utilities with a day target of Rs 399 and stop loss of Rs 357. This is a very good infrastructure player having presence in Bangalore with good real estate properties as well as road projects. And for last couple of days we have been seeing renewed buying interest in the stock and hence a buy call has been given.

Buy Financial Tech with a day target of Rs 746 and stop loss of Rs 684. The stock seems to have given a break out and company is likely to come out with the IPO of MCX, SX which is its subsidiary which is going to give a good valuation to the company post listing of its subsidiary MCX, SX and we have been witnessing value buying in the stock for last one week and hence a buy call.

Buy Hind Dorr with a day target of Rs 38 and stop loss of Rs 33.30. The company is likely to see the stake sale of 55% held by IVRCL to be sold soon and it is expected that probably the valuations, the promoters are likely to get in the company is at about Rs 60 per share. So still good upside is seen in the stock and hence a buy call has been given.

  

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