Buy Tilaknagar Ind,West Coast Paper,United Spirits: Tulsian

In CNBC-TV18's popular show Bull's Eye, SP Tulsian, sptulsian.com shares trading strategy of the day.

Buy Tilaknagar Industries with a day target of Rs 80 and stop loss of Rs 69.50. I am continuing this buy call which I gave yesterday also, because this Dahanukar Group Company which is making Indian Made Foreign Liquor (IMFL) is having a very strong bouquet of the brands into brandy, whisky, rum and for FY13 company is likely to post an EPS of close to about Rs 5 and the kind of PE expansions which we have seen in all the breweries stocks are likely to see more run up in the share and hence a buy call.

Buy West Coast Paper with a day target of Rs 112.50 and stop loss of Rs 100. It is learnt that the promoters of the company are finalizing the terms to divest the stake in the company at a very hefty valuation which is seen to be much more than what we have seen in case of the sell of stake by AP Paper promoters and this deal is likely to get announced in next one week or so and on hopes of that the share is likely to see the value buying coming in the near days and hence a buy call.

Buy United Spirits with a day target of Rs 1,335 and stop loss of Rs 1,200. It is learnt that UB Group has almost finalized the terms for sell of their stake in the company to Diageo at a very hefty valuation which is learnt to be over Rs 1,500 per share and effectively Diageo will be acquiring the effective control in the company with majority of the board controlled by them as well as 51 percent shareholding in the company which is likely to get achieved after the open offer.

Buy United Breweries Holdings with a day target of Rs 149.50 and stop loss of Rs 134. This is the flagship investment arm of UB Group which is holding 2.40 crore shares of United Spirits and because of the execution of this deal as expected of stake sell by UB Group in United Spirits this company is likely to be seen a huge beneficiary and hence a buy call.