Buy Can Fin Homes: Devang Mehta

Devang Mehta of Anand Rathi Financial Services told CNBC-TV18, "I think couple of stocks which immediately come to the mind, one is Can Fin Homes which we have been suggesting since a long time and virtually the stock has doubled. However, still we continue to like the stock on the back of a robust housing finance entity. Hardly any NPAs plus good NIMs and we feel that it serves the lower strata of the society which harder defaults. So, it is an excellent business model and a wonderful company to have in your portfolio. So, Can Fin Homes is one stock which one could buy."

"Another stock that we like is something like GDL or Gateway Distriparks which again is going to bear the fruits of a excellent logistic story and the company came up with good set of numbers, good operating margins. We feel that this is another stock which would be rerated in the coming days," he said.