Buy Cummins India, Tata Global: Malkani

Jagdish Malkani, Member NSE & BSE is of the view that one can buy Cummins India and Tata Global Beverage.

Malkani told CNBC-TV18, “Cummins India came out with pretty decent numbers after expectations of poor exports etc. It came off on Friday due to some profit taking etc. It is a great investment call and even in the short run I see it very favourably priced.”
He further added, “Another one again where results have come out, Tata Global. Teeny-weeny expensive if you look at earnings per share (EPS) etc but it has got lot going for it in all its categories. Its is going to make a big foray in water and its brands Tetley, Tata Tea, Tata Cofee of course and then Starbucks, Pepsi joint venture (JV) etc, everything doing pretty well, I think that is another good opportunity.”