Check out: 4 stocks that Antique is bullish on for 2011

Antique has come out with a list of some top midcap and largecap bets for 2011. In an interview with CNBC-TV18, Sandeep Shenoy, Antique, discusses those bets.

He is bullish on Essar Shipping, Tecpro, Petronet LNG and Hindalco Industries. Below is a verbatim transcript of his exclusive interview with CNBC-TV18's Udayan Mukherjee and Mitali Mukherjee. Also watch the accompanying video. Q: Let us start with Essar Shipping. That is not a stock which a lot of institutional brokers or large brokerage is covered. Why do you cover and like it? A: I think it has got two lines of business; shipping and port and logistics, which I think there is a corporate action happening, which everybody is aware of. So, once the demerger happens, you could have two focused entities. I think sum of the parts, if you work it out, it works out to be substantial higher than the current market capitalisation. Shipping is in an extremely heavy capex phase, so the numbers for that to travel onto the bottom-line of the company, the demerged shipping company, could take sometime off. But the entire capex cycle of port and logistics, the way it has panned out is well across the 50% mark. So, you could have a much earlier trigger coming onto that. So, it is a good story with two ends of businesses doing well and the demerger providing you a much needed trigger. Right now, it is not owned much by institutional investors. But these kind of things, which are panning out, and capex cycle coming to and translating into revenue, I think that could lead to a some kind of a substantial re-rating in the stock. Hence, we are plumping for it. Q: What about Tecpro? What do you like about the story there? A: Right now, you had quite a lot of news flow happening on the BTG part of the power cycle. But then delving into some of the lower end of the technical cycle or you can say technical competence of the entire power cycle, you have BOP players who are moving up the value chain and trying to grab much larger spent per megawatt, which is happening in India. So, Tecpro happens to be in the sweet spot at the current juncture. So, you have a mid-sized company which has really scaled up its competence over the last few years, built-up size, scale and also moving up the value chain. So, from a plain fabricator to ash handling equipment supplier to a BOP to right now moving to the lower end of the EPC, I think the progression for this company has been quite logical, methodical, and profitable. Right now, on valuation matrix, it