Bull's Eye: Buy IRB Infra, Sun Pharma, Jet Airways

Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.

Remember these are midcap ideas not just for the day, but stocks that look attractive in the medium-term as well. This week, SP Tulsian of sptulisan.com, Sharmila Joshi, Head of Equities, Fairwealth Securities and Lancelot D Cunha, ITI Wealth Management battle it out for top honours. SP Tulsian, sptulsian.com
Buy IRB Infrastructure with a day target of Rs 133 and stop loss of Rs 126. The stock is witnessing renewed buying and that can see the short covering to continue in the stock which can make it move higher from here on.
Buy National Fertilizer with a day target of Rs 88 and stop loss of Rs 81. There is buzz that government is considering to increase 10% selling price of urea which is going to be seen positive by all the urea makers and this company is having very low public float can see higher momentum in the share price.
Buy Kingfisher Airlines with day target of Rs 15 and stop loss of Rs 13.60. All the aviation stocks are ruling quite firm with a mild upside momentum still at the higher levels on the hopes that government is going to give sops to the aviation sector and amongst all the aviation stocks this looks to be the most undervalued and likely to give the highest returns on a relative basis as compared to the other aviation stocks.
Buy PFC with a day target of Rs 176 and stop loss of Rs 167. The proposal to restructure the debt of discom is going to be seen quite positive for this company and in anticipation of that the value buying is seen in the stock which is likely to continue.  Disclosure: I don't have holdings in any stocks discussed but may have recommended them to clients.
_PAGEBREAK_ Sharmila Joshi, Fairwealth Securities
Buy Sun Pharma with a target of Rs 602 and a stop loss at Rs 589. Pharma seems to be coming back into flavor and within the pharma space and the frontline pharma space Sun Pharma is a stock that I do like. We have seen a strong set of numbers from Sun Pharma on the back of Taro earnings. Going forward I would really give this stock target of about Rs 680. For the day I buy it with a price of Rs 602.
Buy India Cements with a target of Rs 82 and a stop loss at Rs 79. We have again seen a fairly strong set of numbers from India Cements this quarter and we see relative outperformance from the southern based cement companies. While I am not expecting prices to go up too much because of the news flow that we have had on CCI, the fact that India Cements does get better realizations and we have seen a pick up in demand means good things for the stock.
Buy Dabur India with a target of Rs 113 and a stop loss at Rs 108.75. FMCG again seems to be coming back in to favor with the investors. Within that space we find that the whole theme of global FMCGs, local companies going global that seems to be the theme. We have had Dabur follow in the footsteps of stocks like Godrej Consumer which a couple of years back did acquisitions and we have seen the success story that they have had. Marico and Dabur are both trying to kind of follow on the same line and I think that Dabur is well placed to take their story forward.
Buy Carborundum Universal with a target of Rs 154 and stop loss at Rs 146.50. News based there has been some development on the stock last evening as well as the fact that this company has aggressive capex plan and going forward you would expect to see this result in better earnings for the company. Here again I think the longer term target would be closer to Rs 200.
_PAGEBREAK_ Lancelot D Cunha, ITI Wealth Management
Buy IRB Infra with a target price of Rs 131.50 and a stop loss at Rs 124. The stock has actually fallen off its highs considerably on the fears of the promoter issues, other issues. However, in terms of long term valuation this is one of the most profitable stocks in the infra space. It has already 6 of its projects which are debt free and have sufficient cash accruals to fund equity infusion for the new projects that it may bag. So in a sense it is now a position to start generating cash from its business on net basis.
Buy Bartronics with a target price of Rs 27.25 and a stop loss of Rs 24.50. Bartronics has been moving up steadily and it had fallen off its highs, had been beaten down considerably and is looking attractive from these levels. We saw some accumulation in the stock and on the basis of some informed buying that is taking place we are seeing it move further up. I expect this momentum trend to continue and hit its target price of Rs 27.25
Buy Jet Airways with a target price of Rs 389 and a stop loss at Rs 370. Jet Airways has been one of the beneficiaries of the recent Air India aggregation as well as the issues regarding crude. Both are favouring the company in terms of higher occupancy on their flights as well as we are seeing increasing fair values. With crude prices coming off and the interest rate softening this should be beneficial for Jet Airways over the next one or two quarters. We will see some substantial improvement in the profitability. Given the momentum we are seeing in the company over the last few days there has been accumulation going on, I see it hitting its target price of Rs 389.
Buy UB Engineering with a target price of Rs 40.60 and a stop loss at Rs 37. This stock has been recently moving up on news that the UB Group is likely to settle some of their debt issues through maybe sale of assets and it saw a very large buying yesterday. Moved up substantially on that – I expect the follow up buying to happen today and maybe it should hit its target price of Rs 40.60.