Buy Greaves Cotton, 20 Microns, Ramco Ind: Agarwal

In CNBC-TV18's popular show Bull's Eye, Rajesh Agarwal of Eastern Financiers shares trading strategy of the day.

Buy Greaves Cotton with a stop loss of Rs 77 and target of Rs 88. It’s one of the largest domestic manufacturers in India for diesel engines, for industrial and automotive segments. The three-wheeler segment diesel engine has long-term tie-ups with Tata Motors and Piaggio. The company has witnessed a CAGR of around 13% in growth for the year FY10 to FY12. Buy 20 Microns with a stop loss of Rs 115 and target of Rs 124. The company is one of the largest producers of white minerals, which is used in paints, textiles, paper and various other industries. It has a portfolio of around 400 mineral products with 70 international clients spread over 53 countries. The aggregate manufacturing capacity is around 217,400 metric tonne per year with nine plant located all over India. Buy Ramco Industries with a stop loss of Rs 61 and a target of Rs 68. This is one of the second largest players in the asbestos cement sheet with 18 percent market share. They have recently increased a capacity by 1.2 lakh metric tonne in FY12 in Bihar which enjoys various tax benefits. Even the Sri Lankan operations are doing well. The company has a huge investment portfolio, the current market value of which is around Rs 1,100 crore against a marketcap of just Rs 550 crore. Buy Lloyd Electric with a stop loss of Rs 52 and target of Rs 61. This company is in a business of manufacturing heat exchangers for air conditioning units and their customers are Indian Railways, Metro Railways and various other defense units. The company is growing well not only in domestic market but internationally also it is doing very well.