Buy IVRCL, NCC, Kolte-Patil: SP Tulsian

In CNBC-TV18's popular show Bull's Eye, SP Tulsian of sptulsian.com
shares trading strategy of the day.
 
Buy IVRCL with a day target of Rs 45.50 and stop loss of Rs 42. IVRCL is a leading BOT player in infrastructure space as well as having the realty asset also and the cabinet committee on investments is going to benefit this type of companies in the time to come.
 
Buy NCC with a day target of Rs 54 and stop loss of Rs 50. NCC is also leading infrastructure player with presence in BOT projects as well as having good amount of land for real estate purposes and cabinet committee on investments is also likely to benefit this company as well in the time to come and hence a buy call.
 
Buy Kolte-Patil Developers with a day target of Rs 115 and stop loss of Rs 101. This company is having good presence in Pune, Mumbai and other parts of Maharashtra and for last 15 days we have been seeing informed buying in the stock which has got very aggressive in the last couple of days and the same momentum is likely to continue in the time to come and hence a buy call.
 
Buy Pipavav Defence and Offshore Engineering Company with a day target of Rs 99 and stop loss of Rs 92. A French government warship maker DCNS is likely to acquire about 15 percent stake in the company in the near term at Rs 110 per share and eventually this stake is likely to go up to 26 percent in the time to come. Apart from that the company is emerging as a leading defense equipment maker because of many global tie-ups having entered by the company in the last 12 months or so and this company is likely to see good increase in the valuation because of this strategic and financial tie-up.