Buy Dish TV, Polaris, Tata Comm; sell RComm: Mukadam

In CNBC-TV18's popular show Bull's Eye, Shahina Mukadam of Varun Capital shares her trading strategies for the day.

One may buy Dish TV India with a day target of Rs 60. The digitalisation phase three and four is likely to be pretty positive for the company going forward, subscriber base has increased substantially standing now at 11 million and in terms of losses, the losses have been declining and I do believe that over the coming period they should move into profitability.

One may buy Polaris Financial Technology. I will buy it with a day target of Rs 148. Rupee depreciation is positive for the company. It is a smallcap IT Company, which is spread across geographies, also in terms of its two divisions; product and services, the management is now focusing on each of the divisions separately both are growing well in double digits.

Tata Communications is a continuation of a buy from yesterday. Today’s target is Rs 325. The company is consolidating its position in the international broadband segment specially Asia Pacific segment and in terms of profitability, I believe with improved utilisation of its assets, numbers should look better going forward.