Your stocks: Investment picks by market expert

Watch the interview of Gaurang Shah of Geojit Bnp Paribas Financial Services who shared his readings and outlook on specific stocks and sector & Pankaj Mathpal of Optima Money Manager answered few personal finance queries.

Below is the verbatim transcript of Gaurang Shah's interview with CNBC-TV18:Larsen and Toubro We do have a positive coverage on Larsen and Toubro (L&T). We are working with a target of about Rs 2,060, so don't be in a hurry, stay invested. It is a very niche and marquee name in the capital goods engineering space and also now venturing in defence. Thanks to the government opening up defence in foreign direct investment (FDI), one of the great contender over there. On UltraTech Cement we have a positive coverage. It is going to be a slow and steady investment uptick; you need to be patience with the cement sector because off tick of cement is going to take quite a while. On Voltas we do have a positive coverage but let me say that if you do make up your mind to exit at little bit elevated levels then get into banking, something like Kotak Mahindra Bank or an Axis Bank or even ICICI Bank, which looks very attractive.Syngene International Syngene International - during initial public offering (IPO) time we had come out with a cover note and we had advice a subscribe and we still maintain despite the kind of profit post listing that investors are getting. If you are a long-term investor then hold on to it. One year time horizon - difficult to put a number as to what the target will be but depending upon the earnings visibility that we have and of course what the company will deliver, I think on a conservative side at least 15 percent uptick should be visible from the current levels of close to about Rs 325. On Motherson Sumi Systems - fundamentally it is going to be difficult to give a price level as to where to enter but this is one of my favourite stock in the auto ancillary space and I remember that when Greece crisis broke out and a lot of issues cropped up for the euro zone, Bharat Forge and Motherson Sumi are the two stocks which got knocked left, right and centre. We advised a hold at that point of time and we did see it as a great opportunity for people to get into it. So at Rs 315, if you have a long-term time horizon then it is a great level to be in. Keep some money spare, so that in case if it has to crack sub Rs 300 levels you can add more but have a long-term time horizon.Siemes, L&T, ABB We do have a sell recommendation on Bharat Heavy Electricals (BHEL) and I would advise to possibly have a switch over here. May be to an Larsen & Toubro (L&T) or Siemens or may be ABB. As a disclosure we do have coverage on all these three stocks and when we say we have a sell/reduce recommendations if you have it in your portfolio you can definitely lighten it up and make switch. We believe that in the capital good engineering space these three names are much more better placed in terms of earnings visibility, in terms of order book and more importantly the execution of that order book. When you go and execute that order book that is when it translates into profitability and a better topline numbers. For the one year time horizon on Larsen & Toubro we have a target of about Rs 2,070 and on Siemens if you are making a switch then with a one year plus time horizon we have a target about Rs 1,330.