Greaves Cotton can give upside of 30-35% from current levels: Sharekhan

Heman Jani, Senior Vice President, Sharekhan in an interview with ET Now said that Greaves Cotton are into two major businesses, one is they supply engines to companies like Tata Motors, Mahindra & Mahindra, etc. and they also are in construction in road equipment manufacturing. Both the segments are doing exceptionally well and this company is going to report a net cash flow of about 125-150 crores for next two years growing at about 25-30%.

Greaves Cotton is the other recommendation that you have this morning?

Greaves Cotton in fact they are into two major businesses, one is they supply engines to companies like Tata Motors, Mahindra & Mahindra, etc. and they also are in construction in road equipment manufacturing. Both the segments are doing exceptionally well and this company is going to report a net cash flow of about 125-150 crores for next two years growing at about 25-30% and we feel that this stock can give another upside of 30-35% from current levels.