Look at Bharat Forge, Tata Motors, Sona Koyo: Dilip Bhat

Dilip Bhat of Prabhudas Lilladher told CNBC-TV18, "In the auto and the auto ancillary space probably we are still looking at Bharat Forge, we still feel that it is a stock though not available cheap, but still there is enough steam left in the stock in terms of the performance and in terms of the utilisation levels to go up. So, Bharat Forge is one which certainly needs a look." "I think Tata Motors also has really taken it on the chin and it is available at 52-week low. So, I would think that Tata Motors probably slightly on a longer term basis can merit a look," he said."Sona Koyo is another stock in the auto ancillary space which probably merits a look. I think largely their performance is likely to improve over the next 1 or 2 years and I think the stock is available at a reasonable valuation. May be some of these stocks look pretty interesting."