Look at Havells India, target Rs 600: Shahina Mukadam

Shahina Mukadam, Independent Market Expert told CNBC-TV18, "In Havells India if you see the product portfolio, they have been adding very nicely. They have acquired the AC business of Lloyd which I think is a positive upside going forward. Good strong balance sheet and a strong growth, 20 percent plus EPS growth over the next two years. So that is one stock one can look at. I think there is a good upside from here, Rs 600 is something like a price target I see for it in the shorter term in about a years’ time."

"Second one would be Titan Company. It has been recommended at much lower levels, I think after seeing the last quarter growth and the management commentary, I think the valuations while expensive as of now, I think will start looking attractive in a year or two years’ time from now. I think the product portfolio as well as the expansion that they have is phenomenal. So I would add another one like Titan which is also a consumer story including Havells."

"The last one is like a slightly more risky stock, but in my view, higher return bet which would be in the infrastructure small company, HCC which also I again personally hold. I think if the debt issue is resolved because of the government policy on arbitration, I think once that is resolved, they have got very good order book position and the stock can really see a good rally," she said.