Like Birla Corp, Unichem Labs, Goodyear: Parag Thakkar

Parag Thakkar, Head of Sales at HDFC Securities told CNBC-TV18, "In the midcap space we like Birla Corporation. It is trading at USD 30/tonne, there is no debt on their books and has 9 million tonne capacity."

"Unichem Laboratories has filed US ANDAs now and they have got nine approvals. So the growth trajectory can start and the valuations are again very attractive. It is a net cash company," he said.

Thakkar further said, "The rubber prices are low and Goodyear India is available at Rs 500 crore for an Rs 1500 crore sales and it is trading at 8-9 times. Plus there is always scope that the parent company will try to increase the stake. So these are the three good companies."