Moneycontrol
Get App
Last Updated : Aug 06, 2015 03:05 PM IST | Source: CNBC-TV18

Your stocks: Top chart picks by market experts

Watch the interview of Sharmila Joshi of sharmilajoshi.com who shared his readings and outlook on specific stocks and sector & Feroze Azeez of Anand Rathi Financial Services answered few personal finance queries.

Watch the interview of Sharmila Joshi of sharmilajoshi.com who shared his readings and outlook on specific stocks and sector & Feroze Azeez of Anand Rathi Financial Services answered few personal finance queries.

Below is the verbatim transcript of Sharmila Joshi's interview with CNBC-TV18:

Bajaj Electricals

One ay just stay put in Bajaj Electricals because one of the verticals, the E&Y vertical we had seen it struggling in the past but this recovery was sort of expected because they were sort of getting that order book into place and completing old orders and getting new orders etc. So, going forward if you really want to play this stock as really a consumption play and the fact that you could see their consumer electrical division are doing better going forward then it makes a lot of sense to stay invested. I agree that current price and that range of Rs 270-290 may not be very easy for the stock to break in absolute near term but if you have the patience to wait it out for a year then you should see gains from current level.

Stocks

I am more positive in Wockhardt than I am on Tata Global because I think pharma as a space and Wockhardt in particular we have seen a good set of numbers from them over the last couple of years. So, Wockhardt is a definite hold, the only caution there is that you have to keep your ear on the ground on as far as news flow is concerned because this has become a space which needs to be tracked a little more closely because of the fact that lot of clearances and US FDA etc all these things have become more stringent. So from that point of view you need to keep a more closer watch on proceedings.

In Tata Global Beverage the volumes have been a concern but the kind of business that they are in and their whole Starbucks initiative etc I expect that if you are looking at three to five year kind of a period that will also play out nicely. For a year my target would be closer to Rs 175-180 but if you are looking at three to five year period the target could move up. All said the current price is not the price to sell because my target is Rs 175-180, so definitely at least wait for that .



Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.
First Published on Aug 6, 2015 02:49 pm
Loading...
Sections
Follow us on
Available On
PCI DSS Compliant