Buy CCL Products, Can Fin Homes, Repco Home: Rajesh Gupta

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Rajesh Gupta, Assistant Vice President at SBICAP Securities told CNBC-TV18, "We have a buy on CCL Products with a target of Rs 280. We like the company because of its ability to process different grades of coffee and that is the biggest IPR for the company. We are expecting 15-18 percent kind of volume growth but looking at the company's focus, the margin going ahead should improve in 2-3 years time. By 2018 it is expected to be a completely debt free company." "We like Can Fin Homes because of its ability to grow in terms of loan book, it is the fastest loan book growing company within the housing finance space. The company is expected to grow at 35 percent plus CAGR in next 4-5 years. By FY'20 the company is expected to have Rs 35,000 crore of loan book," he said. "Looking at the strong asset quality, and the robust growth numbers, we have a buy rating on Can Fin at these levels." "We also have a buy rating on Repco Home Finance with a target of Rs 826," he added.