Mehraboon Irani, head-private client group business at Nirmal Bang Securities said overall market trend continues to be positive as macroeconomic picture of India remains strong. He expects earnings growth to accelerate going ahead.
Dalmia Bharat: Buy for a target of Rs 2,300 over next two quarters. It is a clear case of operational leverage with capacity of 23 million tonnes and operating at 11 million tonnes right now.
OCL India: It is a Dalmia Group company. We see 50 per cent upside in the stock. Over next six months to one year both Dalmia Bharat and OCL India may get merged. If this (merger) happens, then OCL India would gain more than Dalmia Bharat.
Cosmo Films: We are bullish on the packaging industry. We expect earnings per share of the company to be over Rs 50 in the current year. Cosmo Films has a distinct edge over other players in the sector. We have a target of Rs 550 for the stock over next one year.
Mold-Tek Packaging: This South-based company is involved in the business of manufacturing plastic packaging containers. Valuations are very attractive in the company and it is likely to do well as it is expected to get some more orders.
Disclaimer: Investors are advised to make their own assessment before acting on the information.