Bull's Eye: Buy Titan, Voltas, Delta Corp, sells Essar Oil

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Bull's Eye: Buy Titan, Voltas, Delta Corp, sells Essar Oil

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.

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Excerpts from Markets Midday on CNBC-TV18 Watch the full show » ALSO READ See what other Experts & Brokerages are saying about Titan Ind See messages about Titan Ind

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, Sharmila Joshi of Fairwealth Securities, Rakesh Gandhi of LKP and Vishal Jajoo of Nirmal Bang battle it out for top honours.

Below their top stock picks and analysis:

Sharmila Joshi of Fairwealth Securities

Buy Titan with a target of Rs 190.50 and a stop loss at Rs 182.50. We are seeing a recovery in some of these good momentum stocks, which had gotten beaten down whether it's VIP Industry, whether it's a Jubilant Foodworks, whether it's a Titan. Titan is a great stock. I am expecting revenues to be up by about 28% in this quarter and profits by 19-20% in that range. A very strong company, no debt on their books, good cash flows and they are expanding on all their brands. While the correction was kind of warranted because the way valuations were now we should see some kind of recovery in the stock.

Buy Thermax with a target of RS 490 and stop loss at Rs 470. We are seeing a recovery in the capital goods space but there is still upside for most of the stocks whether it's a BGR Energy or a Thermax.

Buy ILandFS Transportation with a target of Rs 193.5 and a stop loss at Rs 185.50. There being chosen as a preferred bidder for a 49% take in a Chinese road project, puts a good momentum in the stock. This is one the deal for IL&FS, so one assumes that the kind of valuations and the IRR's on this project must be really attractive for them to have considered it. Once again the kind of project that they have and the Sum-of-The-Parts-Valuation (SoTP) valuation for the stock is in case in the range of Rs 240-250 but the stock is seeing good traction.

Buy Voltas with a target of Rs 95 and a stop loss at Rs 91. We did see very disappointing results from Voltas in the last quarter and the stock was punished very badly because of this. But once again we are seeing a recovery on the cards and I would expect the stock to recover and trade at about Rs 105-106 kind of levels till we were to see better numbers and better performance from Voltas. From there on the cycle could very well turn on in its favor.