Buy Shree Ganesh Jewel, Dishman Pharma, Unitech: Kapur

In CNBC-TV18's popular show Bull's Eye, Ashish Kapur, Investshoppe shares trading strategy of the day.

Buy Shree Ganesh Jewellery for a target of Rs 128 and stop loss of Rs 116. What we like about this stock is that this is one midcap stock available at a very cheap valuation. The company has been doing very well, the last quarter results were very encouraging. The company has also chopped out a very aggressive plan to increase its retail presence from 10 stores at present to more than 50 stores by 2013-14. Buy Dishman Pharma for a target of Rs 122 and stop loss of Rs 111. This is a well established company in the contract research and manufacturing space and has lined up more than 60 Generic APIs which will be launched over the next two years. The company has entered into a licensing agreement with a Liverpool based company to manufacture rosuvastatin which is a prescription drug used for lowering cholesterol as well as heart disease risk. Buy Unitech for a target of Rs 28 and stop loss of Rs 25.50. I feel that at the present price Unitech presents a very good buying opportunity because most of the negatives associated with the sector as a whole and Unitech in particular have been more than factored in. The company’s debt burden has reduced significantly over the last couple of years. Moreover the company’s execution capabilities have improved somewhat, their EBITDA margins have also shown a rising trend. Buy Tata Motors DVR for a target of Rs 168 and stop loss of Rs 155. There were various concerns regarding possible margin shrinkage in Tata Motors and their recent results which have pointed out to an increase in margin have more than elate these fears. The volume growth also is likely to pick up once new launches are initiated. In particular the JLR segment continues to do well and offer very good prospects in the future.