Prefer Gabriel India, says Rajesh Kothari

Rajesh Kothari, Managing Director at AlfAccurate Advisors told CNBC-TV18, "We like Gabriel India because it is a classic play where close to around 50 percent is through two wheelers. Now commercial vehicles (CV) has reduced not because of fault of Gabriel but because the CV industry has reduced."

"As the CV industry bounces back with these margins again you will see improvement. Similarly in Gabriel we believe that there can be 30-40 percent earnings CAGR. So, earnings will double in 2-2.5 years. So, the stock is trading around Rs 57-58, so around 8 times price to earnings FY16 and with 15 percent RoE, so it is fairly cheap," he said.