Positive on KEC International, HUL, Dabur, Britannia: Ajay Bodke

Ajay Bodke of Prabhudas Lilladher told CNBC-TV18, "In KEC International, the numbers were better than market expectations. There were concerns till couple of years back about the intake of orders at low margins but I think that is now sort of getting over those orders and the accretion of orders that is happening is at margins better than what happened say over the last couple of years. So, as and when the capex cycle turnaround happens, that company also is very well placed to ride the upturn. We are positive on KEC International." "We are expecting the urban demand to hold up better than the rural demand and all eyes will be on how does the monsoon pan out, the distribution of monsoons. However, we would be positive on the FMCG stocks because if the monsoon turns out to be above normal as IMD has predicted, then there is demand on the rural side which is waiting to come back. Post harvest, one should start seeing very strong numbers on the FMCG side," he added."So, we are constructive on FMCG, Hindustan Unilever (HUL) in particular. Dabur India and Britannia Industries are the other scrips that we are positive on in FMCG," he said.