Prefer Tata Global Beverage, Idea Cellular: Gaurang Shah

Gaurang Shah of Geojit Financial Services told CNBC-TV18, "I don’t have a specific coverage on Tata Coffee, but if you want to move into a segment which is similar to this one and a company which is also associated with this particular sector, it is Tata Global Beverage."

"We have been maintaining our coverage on Tata Global Beverage right from levels of Rs 145-150, and we continue to maintain that. Our sense is that in terms of visibility of earnings, and the presence it has in the domestic and global markets, there is possibility of a better return on investment. So maybe full or maybe half you can move into Tata Global Beverage."

"Reliance Communications is a flop play. Since the time that I have been watching this counter, over the last two to five years, this has been a fantastic case of wealth destroyer. On earnings also and visibility of business strategy, whatever the management has come out, has send in the last three to four months, has actually failed miserably."

"We have a decisive sell call for a very long time on Reliance Communications, I would advise to exit either at current stage or on rallies. If you want to stay with cellular service providers space, then I would recommend Idea Cellular or else move into public sector banking, private sector banking, NBFC and housing finance companies. Those are the sectors which will give you better returns," he added.