Multibagger in 5 years? Buy HDIL says PN Vijay

HDIL could be a multibagger with five year point of view, says PN Vijay, Portfolio Manager.

Vijay told CNBC-TV18, "There could be a bottom somewhere in the real estate sector in India because the correction here has been very severe and many other good companies at least have taken some very strong measures to cut the debt and improve the occupancy if you will like to call that. That is an amount of flats and offices sold as compared to the new."

Buy Fortis Healthcare; target of Rs 173: IIFL

IIFL is bullish on Fortis Healthcare and has recommended buy rating on the stock with a target of Rs 173 in its July 13, 2011 research report.

“Fortis Healthcare (on the daily chart) has given an upside breakout, considered to be an important bullish signal. The stock is poised for further gains in the next few trading sessions. The undertone is reasonably strong and is likely to push price higher. After consolidating in the range of Rs 160-165 for last five trading sessions, the stock closed above the peak of its trading range of Rs 640 last week. The upside breakout is well accompanied with decent volumes. Based on above mentioned technical evidences, we recommend traders to buy the stock above Rs 167 with stop loss of Rs 164 for target of Rs 173,” says IIFL research report

Source:moneycontrol.com

Aashish Tater cherry-picks Premier and Wabco-TVS

Aashish Tater joins CNBC-TV18 to cherry pick his favorite stocks for the day which he says are multi-bagger ideas.

He recommends Premier Ltd with a target price of Rs 180. The current price is around Rs 90. Trading at Rs 6-7 earnings per share, there is a good possibility of the stock rising up by 18% from current year EPS, he says. “There is limited downside to Premier.”