Maruti Suzuki top pick, says Prabhudas Lilladher

Amisha Vora of Prabhudas Lilladher said Maruti Suzuki was one of their top pick as the stock will continue to do well in the next 12-18 months.
 
Vora told CNBC-TV18, “On a macro basis, the whole year will play out gradually, may be the interest rate story as well as globally the yen story. On a micro basis the product mix profile and the increasing capacity, we like Maruti Suzuki as one of our top pick. Of course the stock has done reasonably well and will continue to do well in the next 12-18 months as well.”
 
“The other thing which is gradually turning around and may look good and has come in our buying list after a very long time in last 1-1.5 months has been DLF. Post cutting off some of their non-core assets and trying to reduce debt, the next four-six quarters and more could be drastically different from last four-six quarters and there is still some steam left in this stock to give returns,” Vora added.
 
Vora also said, “Third one is from the financial pack where ICICI Bank continues to look good. These are the three large cap names that I am suggesting and are amongst our top three picks.”