Buy Divis Lab, Hexaware, Madras Cements: Ashish Kapur

Buy Divis Laboratories with a target of Rs 1225 and stop loss of Rs 1120. It is one company which has reported very encouraging numbers in the previous quarter. The management has guided a 25% growth in this fiscal. We believe that given the kind of opportunities which this company enjoys especially in the crams space, this is definitely achievable and this makes me confident that this is a good stock to trade even in the near term.

Buy Hexaware Technologies with a target of Rs 140 and stop loss of Rs 129. This is one midcap company which is trading at very decent valuations, is growing at very robust numbers and we believe that going forward this growth rate will continue.

Buy Hindustan Copper with a target of Rs 283 and stop loss of 260. The trigger here is that the committee on disinvestment is likely to meet soon to take a decision on divesting stake in this company. The government owns more than 99% and any stake sale would be a positive trigger for this company.

Buy Madras Cements with a target of Rs 196 and stop loss of Rs 180. This is one company which is doing very well, results have been very encouraging. The company has a very strong presence in the southern market and is quoting at very decent valuations. Given all this we expect the current momentum in the stock to sustain.