Fortunewizard.com's Aashish Tater has recommended buying Shipping Corporation of India (SCI), ZF Steering and Ramco Industries. Shipping Corporation of India Tater has a Rs 72/ share target from the next three months perspective. He sees more of a technical play in shipping stocks.
ZF SteeringThe company is now co-promoted by Bosch and is a fast growing company that enjoys a PE multiple of over 50. He sees a further momentum both in terms of earnings and valuations.Ramco Industries Tater is bullish on the company as it owns 20 percent stake in Ramco Cements. The company has total investments of about Rs 1,500 crore versus a market capital of Rs 600 crore. Tater is bullish on this entire space for quick 15-20 percent returns with a target of Rs 110 per share in three months.
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