Buy Shriram Trans, Yes Bank, LIC Housing Fin: Joshi

In CNBC-TV18's popular show Bull's Eye, Sharmila Joshi of Peerless Securities shares her trading strategies for the day.

One may buy Shriram Transport Finance Corporation. I am expecting a good set of numbers from the company. We have seen in the last quarter that their asset book has grown very nicely and the kind of rural spread that they have and the kind of spreads that they are getting make this a very attractive stock to buy at current levels. I buy this with a target of Rs 675.
One can buy Yes Bank with a stop loss at Rs 420. I am expecting good results from private banking space. We have seen few disappointments but by and large private banking has still delivered and I expect that trend to continue with Yes bank. The stock has also been hit in the last couple of weeks. We are seeing recovery in a lot of the private banks.
One may buy LIC Housing Finance. The kind of valuations that the stock is now trading at it is currently made a 52 week low. It is recovering from that, so on expectation of a good set of numbers because here we have seen that the quarter the kind of numbers they are getting as well as the kind of margins that they have been able to attract if that trend continues then one could see this stock trending back to Rs 275-280 levels.
One may buy United Phosphorous. Here once again we have seen a very good set of numbers in the last quarter. In fact which lead to a lot of rerating getting done on the stock because what we saw was that the top-line grew largely because of the growth in volumes. One saw a better top-line resulting in better profitability as well as the way they managed their working capital flows etc. Everything seems to be working well for United Phosphorus and that trend will continue.