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Last Updated : Mar 28, 2013 01:55 PM IST | Source: CNBC-TV18

Buy HSIL, Jubilant Food, Havells India: Kapur

In CNBC-TV18's popular show Bull's Eye, Ashish Kapur of Investshoppe shares his trading strategy of the day.


In CNBC-TV18's popular show Bull's Eye, Ashish Kapur of Investshoppe shares his trading strategy of the day.


I have a long call on HSIL with a target of Rs 100 and stop loss at Rs 90. HSIL holds a very dominant position in the domestic sanitary ware market. Given the kind of shortage of housing, increasing urbanisation, extremely low levels of sanitation and rise in discretionary spending, it is very easy to assume that sanitary ware products will continue growing at a very fast pace going ahead. HSIL being a dominant player would get most of the benefit of this expansion.


I have a long call on Jubilant Foodworks with a target of Rs 1,300 and a stop loss at Rs 1,195 despite moderation in the growth of discretionary spending; we feel this company is set to continue doing very well. They enjoy good gross profit margins so even if there is more competition coming in the organised fast food retail market, this company would still continue enjoying reasonably good margins and good volume growth going forward.


I have a buy call on Havells India with a target of Rs 645 and a stop loss at Rs 600. We like Havells because given the kind of growth which the company is expecting, valuations are attractive and Havells would be a key beneficiary whenever power sector reforms kick in because rising demand for electricity would push up demand in a major way also the global operations are doing well.

I have a long call on Adhunik Metaliks with a target of Rs 32 and a stop loss at Rs 27.60. Adhunik Metaliks is a diversified player in steel mining and power. The various new projects coming up in this company and its subsidiary companies also the performance has been very encouraging. In the last six months they have recorded earnings per share (EPS) of Rs 6 compared to an EPS of Rs 2 for 15 months ending June 2012. So, given the kind of high growth, we feel this is a good stock to track.



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First Published on Mar 28, 2013 01:55 pm
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