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Last Updated : Feb 25, 2015 02:22 PM IST | Source: CNBC-TV18

Here are few stock trading ideas from Aashish Tater

Watch the interview of Aashish Tater of Fortunewizard.Com with Ekta Batra & Anuj Singhal on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.


Watch the interview of Aashish Tater of Fortunewizard.Com with Ekta Batra & Anuj Singhal on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.


Below is the verbatim transcript of Aashish Tater's interview with CNBC-TV18


Amulya Leasing and Finance

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Amulya Leasing and Finance could be a very big interesting bet. It is not a NBFC
company. They have acquired 50.96 percent stake into Apollo Irrigation. They are competing with Astral Poly which stays at a market cap of 5 times to its sales, this particular company is expected to do sales of Rs 200 crore and is available at just Rs 67-68 crore because people still do not know the subsidiary thing.


The management is also the parent for APL Apollo Tubes with very good strong market dominance in that particular space. They can use the same distribution network for giving the particular products. So, the scalability of operations the management was talking about that they would like to expand the capacity going forward.


When the company does sales of Rs 300 crore odd in next one and the half years the management is very confident of growing at 22 percent CAGR. We feel this could be a one interesting bet. We have a target of Rs 180 on the stock. In the long-term we will just try to see how the company is doing in terms of topline and bottom line and would like to revise the target.


Railway 


In last 10 years, on Railway Budget day normally stocks goes for profit booking. This
has been a trend for 10 years with a probability of almost 85 percent that railway stocks take a rally three months prior and then the stocks give up all its gains in just next three to four days after Rail Budget. If that is the scenario we feel that Titagarh Wagons whenever there will be positive wagon announcement will be beneficiary but if you see the valuations front, it is very expensive.


We are not very comfortable with Kernex Microsystems. If we have to take a proxy play we think one stop shop solution will be the best play in this particular sector which is Texmaco Infrastructure and Texmaco Rail. Texmaco Rail and Kalindee Rail already taken a very sharp run up. So take strategic switch form Texrail and invest in Texinfra which is the holding company of this particular company. They also own a large tract of land which is worth more than the current market cap itself.

We are very bullish on Texmaco Rail, Kalindee Rail and holding company Texmaco Infrastructure and Holdings where we feel substantial upside from current levels.



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First Published on Feb 25, 2015 12:30 pm
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