Buy ACC, Bata India, Fairifeld Atlas: SP Tulsian

In CNBC-TV18's popular show Bull's Eye, SP Tulsian, sptulsian.com shares trading strategy of the day.

Buy ACC with a day target of Rs 1311 and stoploss of Rs 1250. The buy call has been given because the company has posted excellent June quarter results with EBITDA margin improving to 24.44% recording a sequential growth of 212 basis point with EPS of close to about 22.50. In fact the best part of the results have been that the company has been consistently improving its EBITDA margin and coming in the upper league of Ambuja Cement and the other companies stocks. This is likely to be liked by the market very well and hence a buy call. Buy Bata India with a day target of Rs 948 and stop loss of Rs 888. The company has posted excellent June quarter results with topline crossing for the first time for the quarter to Rs 500 crore plus. The EPS of the company has been quite robust, close to about 9 and the company is likely to continue with its growth in the subsequent and the coming quarters as well. This is likely to see the buying interest coming back into the stock which has been lying low for last couple of days. Buy Fairfield Atlas with a day target of Rs 170 and stoploss of Rs 145. This industrial machinery company is having promoter stake of 84% and it is learnt that the promoters are likely to initiate a delisting move and the 16% of the public float is held by retail share holders to the extent of 12% and if the delisting move gets initiated, share can move past Rs 200 on the news coming out and hence a buy call on the stock in anticipation of that news. Buy Educomp Solutions with a day target Rs 162 and stop loss of Rs 152. The stock is likely to remain in limelight in the new series after stock has seen such a huge correction of about Rs 25 in this last 15 days or so because the fundamentals of the company are seen to be improving after the preferential allotment having made by the company and seen to be a good value buy at the current level and hence the technical interest is likely to come back into the stock.