In CNBC-TV18's popular show Bull's Eye, SP Tulsian, sptulsian.com shares his trading strategies for the day.
Buy Jaypee Infratech with a day target of Rs 43 and stop loss of Rs 40.50. This seems to be the most undervalued company in realty and infrastructure space. Its 165 Kilometer Yamuna Express Way is having a debt of Rs 7500 crore and on the other hand the company has 6200 acres of land at five locations in National Capital region, Aligarh and Agra which is fully paid and in complete possession of the company. There is virtually no debt against this real estate holding of the company.
Buy HeidelbergCement India with a day target of Rs 46.50 and stop loss of Rs 43.50. This is the most undervalued MNC cement stock seen amongst the listed peers. After expansion having completed by the company the future working is seen to be good and in anticipation of that informed buying was seen yesterday in the stock which is likely to continue.
Buy JM Financial with a day target of Rs 27.50 and stop loss of Rs 23.
Buy Prestige Estates with a day target of Rs 193 and stop loss of Rs 183. This is the largest realty company in Bangalore; post its Q4 numbers informed buying is seen in the stock which is likely to continue on hopes of better working seen ahead.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!