Moneycontrol Be a Pro
Get App
Last Updated : Jan 12, 2015 09:40 AM IST | Source: CNBC-TV18

Build positions in Sun Pharma, Crompton, IRB : Macquarie

Stocks to position for the results on the positive side are Sun Pharma, Crompton Greaves, IRB Infra, HCL Tech and Yes Bank, says Rakesh Arora, Macquarie.


Rakesh Arora, Macquarie says there's no significant pick-up in revenue growth as yet, reflecting that economic recovery is tepid. “Several one-offs are also contributing to weakness in the current quarter,” he adds.


“While expectations have moderated, there's still headroom to meet estimates for the full year. Stocks to position for the results on the positive side are Sun Pharma, Crompton Greaves, IRB InfraHCL Technologies and Yes Bank. Stocks to position for the results on the negative side are Canara Bank, Bajaj AutoSAIL and Indiabulls Real Estate,” Arora says.

Also read: Indian economy to outpace equities growth in 2015-2020: Yale Prof

Close


LIVE NOW... Video series on How to Double Your Monthly Income... where Rahul Shah, Ex-Swiss Investment Banker and one of India's leading experts on wealth building, reveals his secret strategies for the first time ever. Register here to watch it for FREE.
First Published on Jan 12, 2015 09:40 am
Loading...
Follow us on
Available On