In CNBC-TV18's popular show Bull's Eye, Paras Bothra of Ashika Stock Broking shares his trading strategies for the day.
One can buy Aurobindo Pharma with a stoploss of Rs 810 and target of Rs 900.
One can buy FDC. It is doing reasonably well, the company generates sufficient cash flows and the return ratios are also quite strong and with strong cash and cash equivalent in the balance sheet, our sense is that the company will continue to do well.
One can buy Kaveri Seed Company. The hybrid seeds business for the company is doing exceptionally well with some of the brands having good acceptance in the market like ATM. At the same time they are gaining market share quite rapidly. Here as well the company is generating sufficient cash flows with some the patented products doing exceptionally well.
One can buy NRB Bearings. This company has little roller bearings, where they have significant market share and they have good EBITDA margin in comparison to other peers which are the MNCs. At the same time this is fourth largest in the ball bearing space and they have very good market cliental.
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