Exit Hero Moto; buy HCL Tech, Tech Mahindra: Gaurang Shah

Gaurang Shah, VP at Geojit BNP Paribas Financial Services told CNBC-TV18, "We do have a positive coverage on Hero Motocorp but our top pick in the two-wheeler segment is TVS Motor than Hero Motocorp.”

“One principal of investing in stock market is that you should book your profits when you get the targets that you have in mind. My advise to the investors will be to get into something like HCL Technologies or Tech Mahindra, as a disclosure, we have a positive coverage and we believe that there could be significant turnaround on the domestic market front as well as overseas market in terms of big ticket booking and the number of clients that they will get, so advise that book half the profits and redeploy that money either in HCL Tech or Tech Mahindra,” he added.