Rajen Shah's multi-bagger picks: Tata Global and EIH

Rajen Shah, CIO of Angel Broking joins CNBC-TV18 to make his multi-bagger stock picks. Tata Global and East India Hotels exhibit great potential for a run-up, he says.

June 08, 2011 / 14:42 IST
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Rajen Shah, CIO of Angel Broking joins CNBC-TV18 to make his multi-bagger stock picks.


Trading at just one time sales, the stock of Tata Global beverages is very cheap compared with industry average. It offers great value moving ahead, he says. Also, the management has projected growing in to a USD 5 billion company by 2015, which could bring in returns of almost 300-400% from current valuations.
East India Hotels is another great pick, he says. EIH stock is trading 50% below its peak, and the 30 properties and 5-7 flight kitchens expected to go on board soon adds to the company valuations.  Below is the verbatim transcript. Also watch the accompanying video On Tata Global Beverages
I am extremely positive on this stock. Lever reported revenues of approximately Rs 20,000 crore and market cap is about Rs 66,000 crore. So it
first published: Jun 8, 2011 09:32 am

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