Invest in Cipla, says Niraj Dalal

Niraj Dalal, founding partner at 3A Capital Advisors told CNBC-TV18, "There are few stocks which I like and stock like Dish TV performs and then becomes great, but Cipla is a stock that I have been very vocal about. It is a stock that I like and earnings are in couple of days. At the price of Rs 600-630, Cipla is a stock that I would like to invest in for couple of years, it is a great story. In public sector undertaking (PSU) banking space, State Bank of India (SBI) or Bank of Baroda are the key indicators of an economy if you are going to believe that the growth is going to be 7-8 percent. There is no reason that SBI would trade where it is today or a lot of the other PSU banks, I would also say that BHEL and Larsen and Toubro (L&T) offer great investing opportunities."

"None of the stocks I mentioned are trading opportunities. I am talking about at least 12-18 month time horizon probably 24 months. I would like to caution that for six years Dish TV did nothing and in a year it has gone up 100 percent. So stocks take time, give them time and rewards will be there," he said.