Buy Mangalam Cement, Sun TV, Castrol: Kapur

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26 Aug, 2025 12:21

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

Long on Mangalam Cement with a target of Rs 160 and stop loss of Rs 147. Manglam Cement reported very encouraging numbers in Q1 of FY13. This along with the fact that we are still bullish on this sector, particularly Mangalam Cement having very strong presence in the northern and central Indian markets. Together with good captive usage of power and use of pet coke as a fuel makes us confident that the performance and momentum in earnings growth can be sustained going forward.

Long on Sun TV Network with a target of Rs 358 and a stop loss at Rs 328. Sun TV has a strong presence in the Southern India market and the recent move to digitisaiton is likely to benefit this company as the penetration of DTH would increase in the Southern markets. Also the recent development where Sun TV has managed to get back their contract with state owned Arasu Cables would make it possible for the company to once again increase its presence in the Tamil Nadu TV viewership market.

Long on Castrol with a target price of Rs 329 and stop loss at Rs 301. The company has managed to show encouraging performance despite very difficult market conditions. Though margins are slipping in various segments, yet the company has managed to show a good volume growth and have managed to improve its realisations due to good cost managements and good overall operation efficiencies. Going forward we expect Castrol to continue doing well.

Long on Neyveli Lignite for target of Rs 92 and stop loss at Rs 84.50. The company is into Lignite Mining and Power generation. We expect momentum to come back into the power sector, with hope of possible reforms reaching this sector and in case of Neyveli Lignite also possible government stake offload. So given all this we feel it’s a very safe stock to go long on. For the day we have a target of Rs 92.