Buy Jubilant Food, HT Media, Havells India: Kapur

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

Long on Jubilant Foodworks with target of Rs 1,390 and a stop loss at Rs 1,270. This is a company where the growth momentum is very strong and though valuations are high, we still believe there is more upside given the fact that this is the only listed player in the fast growing organized ready-to-eat-food market in India. Also the company is growing at a very rapid pace, it plans to add 100 new Domino’s pizza stores and ten new Dunkin Donuts stores this fiscal. Long on HT Media with a target of Rs 100 and a stop loss at Rs 92. HT Media is engaged in print, electronic media as well as in conducting several marketing events. The company publishes leading newspapers like Hindustan Times and the Mint. Though the last quarter performance was poor, we are optimistic going forward as the company has taken several steps to arrest that declining margin trend. Long on Havells India with a target of Rs 655 and a stop loss at Rs 600. This company is set to do very well as power penetration in this country increases. The company has also made rapid progress increasing its high margin business whether it is switchgears or cables. Overall this remains one of the best bets to go long on if one is still bullish on the overall prospects of the power sector especially the increasing power penetration in India. Long on Prestige Estates with the target of Rs 141 and a stop loss at Rs 139. we quite like this real estate company mainly because it has a very good balance sheet and also it has very strong cash flows because of its focus on monetizing projects as well as very aggressive launch of new projects mainly focus in Bangalore markets where the realizations are better than other metros. Overall we feel that this is again a very good midcap to go long on and for the day we are keeping a target of Rs 141.