Buy TTK Prestige, Den Networks, Jubilant Foodworks: A Kapur

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

Long on TTK Prestige with a target of Rs 3575 with a stop loss at Rs 3240. This company is doing very well and we expect the performance to continue going forward the management expects a 25% growth in this fiscal and we agree with these recommendations. Moreover the company is doing very well both domestically as well as on the export front. It is spending Rs 80-90 crore to ramp up its facilities and also expand its capacity.
Long on Den Networks for a target of Rs 134 and a stop loss at Rs 122. Den Networks is a play in India’s increasing penetration. The company is a large player in TV-Cable network and is gearing up to be India’s largest integrated TV-Cable platform. The company is increasing its strength and is going into near tier II cities as well as consolidating its positions in the three main metros, Delhi, Mumbai and Kolkata where it already has a presence.
Long on Jubilant Foodworks with a target on Rs 1300 and stop loss at Rs 1195. Though it is richly valued, I retain this stock from day two because I feel I feel this company is uniquely positioned in so far as it is the only listed player giving you an exposure to India’s fast growing organized food market. Moreover the company is doing very well both on its main product which is the Domino’s pizza where it plans to open 100 new stores this year, as also the new product which is the Dunkin’ Donuts.
Long on BF Utilities with a target price of Rs 425 and stop loss at Rs 392. Given the good momentum in this stock we are recommending it for the day. The company is in infrastructure development comprising of developments of roads, highways as well as wind energy. The good thing about this company is management is Kalyani Group, which is a seasoned and well respected management. So within the infrastructure space this is one midcap idea which at least for the short-term looks very promising