Look at Maruti Suzuki, says Mahantesh Sabarad

Mahantesh Sabarad of SBICAP Securities told CNBC-TV18, "For Maruti Suzuki there is a confluence of events that is going to happen, play out really well for them, recovering monsoon, good rural demand, seventh pay commission, low commodity prices. But the only worry is Yen. The stock has not been doing well lately because of the Yen concerns but what is happening is with the company getting into premium products, look at Brezza, it has become a very hot selling model for them.""As they get into premium models their ability to charge a better price and therefore ward off any concerns related to Yen exists now and it is becoming more and more apparent. That is why we like the stock," he added.