HCL Technologies – Good Pick, the company is in growth phase and trades at a discount to it’s peers like Infosys and TCS.

ITC – Good company but valuations are not comforting at all. Your money could be safe here but you would not make enough money in this scrip due to already high valuations that ITC enjoys.

ONGC – ONGC is good, it is available at a cheap valuation and ONGC is a great dividend payer! You could look at entering this scrip at current levels or on further dips.

SBI – Not a fan of public sector banks and definitely not of SBI. SBI has NPA(non performing assets) of 34000 crores, above 4% gross NPAs. There was a slippage of 8000 crores in a single year. The company is in problems and it could simply escalate in coming quarters too. I’d give a pass to SBI and go for better private counter parts that are trading at low valuation and have great asset quality.

Yes Bank – Fantastic pick! Yes Bank enjoys my top position in the entire banking industry due to having the best asset quality in the entire banking industry, coupled with very high growth and low valuations. Stock trades at 8x FY13 earnings today, cheap!

Sterlite – Valuations reasonable but growth prospects lacking as the analysts suggests. I’d rather go for Tata Steel if its a question about metals space as a whole. Tata Steel is going to see significant improvement in its standalone numbers as its expansion completes at Jamshedpur, so use this current big correction in metals to enter that stock with a long term view.

Godawari Power – Low value, decent growth pick. Keep low exposure but you can buy! Its a good stock.

India Cements – Leave this one out of your portfolio. Looking at profit figures for last several years, it does not interest me a single bit. Cannot invest into a company that has no growth.

Ess Dee – Do not like this one as well. Not a consistent growth company. Valuations low, but then a lot of stocks have low valuations coupled with good consistent growth. Leave this one too.

Gujarat Fluorochemicals – Interesting pick there. The results have been absolutely phenomenal this year and I think this kind of growth might continue in coming quarters as well. Good Pick!

Orchid Chemicals – Management retains it’s 25% growth guidance but due to FCCB concerns, this stock has crashed too. The issue is if markets go down further, people might unnecessary penalise it further. So be careful. In terms of valuations, if we believe the management, it is trading cheap, so one can accumulate but be cautious, might want to wait for markets to stabilise and then enter these scrips.

Shree Ganesh Jewelry – Valuations are very cheap but the growth figures does not interest me yet. Sep 11 profits got halved and June was a meager growth.

Sintex Industries – Good stock, unnecessarily hammered down due to FCCB issues but its FCCB redemption is 17 months later :/ Buy at current levels or further dips. Good pick.

Tata Motors – Good stock, growth prospects good and valuations are very reasonable. You can invest here.

Maruti – The stock has corrected to reasonable valuations due to its strike issues but those are temporary. You can safely invest here with a long term view.

HCL Info – Nothing good about this one. Leave this out.

If you are looking for 10 stocks out of these, I could suggest

1. Yes Bank (Top Pick)
2. ONGC
3. HCL Technologies
4. Sintex Industries
5. Tata Motors
6. Maruti
7. Gujarat Fluorochemicals
8. Godawari Power (Invest only small quantity here)
9. Tata Steel (Alternative to Sterlite)
10. Reliance Industries/Petronet LNG (A pick from an oil and gas space is good for your portfolio)

If you have any more queries regarding any stocks, feel free to ask me anytime.

Other stocks Queries would include

reliance broadcasting,icra/crisil,godrej,jyothy labs, niit tech, philips carbon, rain commodities, shopper stp, noida toll, action construction, tecpro systems, welspun India

Haha !!! I’ve included many stocks ….. :p

Reliance Broadcast – Loss making company. Reject!!

CRISIL – Interesting growth there, but valuations are rich, not comfortable for investors! Stock trades above 20 times FY13 EPS, so its a no no unless stock crashes a lot.

Godrej? There are more than 1 Godrej companies, which one are you looking for?

Jyothi Labs – The company is seeing degrowth this year and not a great outlook for next year as well and FY13 expectations are mixed amongst brokerages. Since FY12 is bad for them, you should stay out atleast till FY12 ends and then we can again take a call.

NIIT Tech – Valuations are fine but lacks growth potential. So thats not acceptable for an investor. We need stocks with high growth and low value.

Philips Carbon Black – The stock is trading at a ridiculous valuation or 2-3 PE and can see big upsides when market stops crashing. You could buy this one, at current levels or on further dips. But keep lower exposure as suggested in these small cap space as they are very volatile.

Shopper Stop – All these retail stocks happen to trade at ridiculously high valuations and thus I see no value in these. What would happen when FDI would come and how company benefits, all those future hopes should not lure investors to invest today at 40 PE multiples :/

Rain Commodities – Low valued stock and can post a decent upside from current levels but Im not too supportive of Cement business. It would be your call.

Noida Toll Bridge – Nothing interesting there, flat growth over last 3 years.

Action Construction – Good Pick, can see good upside, specially after this correction. Buy at current levels or on further dips, company is on the growth track.

Tecpro Systems – Interesting choice, should see decent upside with time. It is trading close to 5 times FY13, thus good upside is possible.

Welspun India – Reject!

How about an article on Coal India?

Thanks for your view… I would like you to relook rel broadcasting, cuz the debt is coming down and losses are trimming quarter on quarter, even enil( radio mirchi) had the same problem, they sold the OOH business to it’s holding company and now are in profits, even with this there was a demerger from rel media works which is loaded with debt…. It would b an interesting pick if they are able to turn around and make profits….

Hi Mayank…would you take us through Delta Corp. The company made q3 pat of 15.4 cr and still the stock is going down! And an EPS of 0.1 is miniscule…whichcan easily give an idea that the stock can tumble any time. But there are way too many promises on growth from the company and experts. How do you look at this company?

@ Gaurav –> Delta Corp stock might not tumble actually. There might be buying interest at lower levels from large investors like Rakesh Jhunjhunwala. The results are good, but the company’svaluationsnot. If at all there is going to be high growth in a sustained manner, then it is already in the price. The stock is trading at a couple of years in the future’s fair valuation. This is the time to buy stocks that are currently available at fair value than the ones that are trading in the future value. If there are a lot of promises from the company and people believe it, you can see that it is IN the price already. It is too costly to even look at. Although this doesn’t mean the stock won’t rally. If the stock could goto 140 without and fundamental base, then anything can happen with these penny stocks. But does this mean I am going to play this risk? No.

* name of ‘betting’…..typo!