Prefer Godrej Consumer, PI Industries: Deepak Shenoy

Deepak Shenoy of Capitalmind.in told CNBC-TV18, "We are starting to get long on few of the slightly rural/ agro plays - Godrej Consumer is one, we have added that stock recently. We have also added PI Industries - again an agro chemical stock. We believe the monsoon is going to help it tremendously in the coming days. It has shown a fantastic growth for last year as well.""For a different reason, we are starting to get long into Suzlon Energy as well. As a disclosure, we have recommended and own all of these stocks. Suzlon we think the turnaround is starting to happen and above Rs 15.50-20 we believe that there will be a lot more FCCB conversions at around Rs 20 and there is a likelihood that the stock can tremendously increase its financial position from there on," he said.