Buy Arvind, HPCL, BPCL; bullish on Tata Steel: Sudip Bandopadhyay

Sudip Bandopadhyay, Market Expert told CNBC-TV18, "Arvind is an excellent story. It is still to completely unfold. There are lot of interesting components and the performance has been improving, the brand has a value sitting inside. The last transaction which happened with a large PE fund values the company and if you take that value and do an extrapolation, the value of Arvind even today should be much higher."

"So, overall it is a great story, solid management and I have no hesitation in mentioning that even at current level I am bullish on Arvind and I am buyer in the stock," he said.

"The oil marketing companies are definitely worth looking at. I won’t go to the upstream companies. I have kind of hesitation regarding the oil prices and global oil prices and what is happening there. However, as far as marketing companies are concerned I am definitely a buyer."

"The entire subsidy issue which was really a big burden on them and uncertainty, that has kind of gone. With that going, the holdings getting streamlined at the government level, it doesn’t really affect their performance. So, things are going to improve from hereon. Even the kerosene bit is getting normalised, the subsidy burden is going away. So, overall one has to play on the marketing companies – HPCL and BPCL are worth buying. If I have to pick one, I will go for HPCL," he added.