Buy Sobha Developers, United Phos, Financial Tech: Kapur

In CNBC-TV18's popular show Bull's Eye, Ashish Kapur, Investshoppe shares trading strategy of the day.
 
Buy Sobha Developers with the target of Rs 450 and a stop loss at Rs 409. We have lately seen a lot of buying interest coming back to the real estate sector. Sobha Developers we believe is one company, which can continue to attract such interest. The company has managed to get its focus right is what we believe. They are currently concentrating on a few strategic land acquisitions as well as a couple of commercial real estate projects. We believe the focus approach would help the company get back its growth momentum.
 
Buy United Phosphorous to the target of Rs 150 and a stop loss at Rs 138. We believe that this stock has been lying low for quite sometime mainly due to concerns over the penalty imposed by CCI as well as concerns over rising competition for its products. At the current price, we believe the stock is available at a very cheap and attractive valuation. This is quoting at about 7.5 times FY14 earnings, which we believe is very attractive.
 
Buy JK Lakshmi Cement with a target of Rs 150 and a stop loss at Rs 137. Now, we are bullish on JK Lakshmi Cement because it is a fuel efficient producer of cement. Moreover, it enjoys very high capacity utilisations and has a strong presence in better performing markets of north and western parts of the country. Given all that, we believe that their current good performance will continue going forward. Also, the new expansion of the company with this Greenfield project coming up at Durg in Chhattisgarh would add further capacity in volumes to the company.
 
Buy Financial Technologies with a target of Rs 1,260 and a stop loss of Rs 1,155. Financial Tech, as we believe, has a great future going ahead not only because of its 26 percent stake in the MCX commodities exchange but also the new stock exchange where Securities and Exchange Board of India (SEBI) has already cleared 100 initial members registration. We believe that there is going to be good growth in the exchanges in India both commodity as well as stock and Financial Technology presents a very good exposure to this growth.