Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Remember these are midcap ideas not just for the day, but stocks that look attractive in the medium-term as well.
This week, SP Tulsian of sptulsian.com, Rajesh Agarwal of Eastern Financiers and Lancelot D Cunha of Sharyans Wealth Management battle it out for top honours.
Below their top stock picks and analysis: SP Tulsian of sptulsian.com
My first call for the day is a buy call on Adani Power with day target of Rs 74 and stop loss of Rs 69. Buy call has been given because the Coal India will soon be signing Fuel Supply Agreements with all the power generation companies. If we see the performance of Adani Power for Q3 they posted good amount of losses largely because of the high coal cost and in view of their operational capacity of 6,000 megawatt plus the pipeline of 3,300 megawatt which is likely to get commissioned in next couple of years this FSA will go in to prove a big relief and will improve the profitability of the company sharply and hence a buy call.
Second call for the day is a buy call on NDTV with a day target of Rs 47 and stop loss of Rs 43. It is learnt that government is likely to raise the FDI limit in broadcast sector from 49% to 74% and all the companies operating in this space are likely to be seen as big beneficiary. But NDTV looks to be the most undervalued and lowest capitalized stock in the market and hence a positive call on the stock.
Third call for the day is a buy call on Manappuram Finance with day target for the stock is at Rs 37 and stop loss of Rs 34. The stock is witnessing huge renewed buying interest as its EPS of FY12 is seen at Rs 7 and the book value is seen at about Rs 50 and both these parameters are making this stock a good buy at the current level and hence a buy call.
Fourth and last call for the day is a buy call on Kingfisher Airlines with a day target of Rs 18 and stop loss of Rs 16.30. The company is likely to resume its operations with the cooperation of all the pilots, all its junior staff and the payments to the staff are all likely to get started from today. This will be seen positive by the market and the managements are seen to have tied up for discharge of their liabilities to a great extent. We have seen them paying to the service tax department also and this process is going to create good interest in the stock as the stock is ruling at a very low level and hence a buy call.
_PAGEBREAK_
Rajesh Agarwal of Eastern Financiers
We would like to recommend a buy on Kingfisher for intraday with a stop loss of Rs 15 and a target of Rs 18. Although we are very negative on aviation sector as a whole but the recent development in the company, the success of the talks of the management with the employees and the calling off agitation is going to help that counter in the near-term and we believe that for intraday one can buy with a stop loss of Rs 15 and a target of Rs 18.
The second stock is Alembic Pharma. One can buy this with a stop loss of Rs 49 and a target of Rs 56. The company has been doing well. It has posted a 15% jump in revenue in the last quarter. For last three quarters the numbers have been pretty good. They have filed around 41 ANDAs (Abbreviated New Drug Applications) and out of which 17 has already been approved. The management is positive of filing at least 4-5 ANDAs every year and from FY13 the revenues are going to see quantum jump because of these. Hence we recommend this buy.
One can buy VIP Industries with a stop loss of Rs 103 and a target of Rs 113. This company as you all know has strong brands and is the market leader in organized molded luggage market with around 60% market share, has presence in international markets also. It has recently launched Carlton brand in India and we think that going forward this company is going to do well. Hence we recommend this as a buy.
The fourth and the last stock is OnMobile Global. One can buy this with a stop loss of Rs 60 and a target of Rs 66. This company is basically into mobile VAS (Value Added Services) markets with a lot of products like ring back tones and other things. With mobile market growing like anything this company is going to do well in the coming days although the last quarter numbers were bad. But on valuation parameters it
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!