Brokerages bullish on Reliance Infra and Lupin

Merrill Lynch recommends buying Reliance Infra with a target of Rs 1,081, the stock is currently trading at Rs 540. They see positives from the bottoming of Mumbai license area profits, a pick-up in execution and growth across the power, roads and metro rail domains.

Credit Suisse has an outperform stance with a target of Rs 480 onLupin . The company is working on eight products and is planning to launch its first biosimilar in India in FY12. The two most advanced products are about to commence clinical trials.

Tulsian's top picks: Polyplex, Sterlite Technologies

SP Tulsian of sptulsian.com in an interview with CNBC-TV18 said that he sees Polyplex and Sterlite Technologies fetching good returns ahead.

He said, "Polypex is the fourth largest thin polyester filmmaker in the world and they have their manufacturing presence in India, Thailand and Turkey. The company posted robust financial performance in FY11 on the back of which they issued 1:1 bonus. This company is sitting on huge cash and looks good when considered from the current levels. The company is expected to post a topline of about Rs 2,500 crore plus in FY12."