Look at Shankara Building Products: Rajesh Kothari

Rajesh Kothari of AlfAccurate Advisors told CNBC-TV18, "Avenue Supermarts is doing extremely well and the markets are right now in a mood of rewarding companies which are reporting very high earnings growth across the sector, not only D-Mart but even the other peer group if you look within retail space. There are few companies, they have reported very strong same store growth 10-15 percent and therefore these companies keep moving up. We are not holding Avenues Supermarts but we are holding one of the very small company into this kind of a retail play which is Shankara Building Products."

"We continue to hold and remain positive on such company because even that company is reporting very strong double digit same store growth. It is probably the only company into the interior space where there is a strong trend of unorganised moving to the organised market. So, the company is growing its profit by about 18-20 percent and the valuations are still very reasonable valuation compared to any other retail chain. So, we are holding that company and we need to identify such multibaggers – really good quality management and good earnings growth model," he added.