Buy Hexaware, Zensar Tech, Atul: SP Tulsian

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

Buy Hexaware Tech with a target of Rs 124 and stop loss of Rs 115. The company is likely to post good Q1 numbers on 31st July and ahead of that the stock is witnessing informed buying on the hopes that there after the stake sale may also gather momentum. Buy Zensar Tech with target of Rs 294 and stop loss of Rs 273. The company has posted robust Q1 numbers with 10% growth in top line and 39% growth in bottom-line on a sequential basis and the EPS for FY13 is likely to be Rs 56. And considering the performance of Q1, the stock looks quite reasonable as technically also it gives a buy signal as it has hit a 52 week high. Buy Atul with a day target of Rs 288 and stoploss of Rs 261. The company has again posted excellent Q1 numbers with growth of 22% on top line and 100% in bottom-line on year on year basis and it is expected that company is likely to post an EPS of Rs 60 for FY13 and apart from that the huge chunk of real estate held by the company in Gujarat is also a sweetener. Buy Ambuja Cements with a target of Rs 182 and stop loss of Rs 172. The company is likely to post in June ending robust numbers and ahead of that we have seen yesterday the value buying on huge buying taking place on a delivery basis which indicates that informed circles are accumulating the stock on hopes of better working. Disclosure: I don't have holdings in any stocks discussed but may have recommended them to clients.