LIC Housing, Bharat Electronics can give decent returns going forward: Neeraj Deewan

In a chat with ET Now, Neeraj Deewan, Director, Quantum Securities, shares his stock ideas for 2014. Excerpts:

ET Now: What would be your top stock theme as we go into 2014?

Neeraj Deewan: I will mention the stocks which are part of our coverage. We have LIC Housing Finance, where the valuations are attractive. The stock can give a decent return from these levels, if one would want to invest from 12 months’ perspective.

Bharat Electronics Limited has witnessed good interest coming in and the stock moved up 20-25% recently. BEL is another stock where the order book is strong, but with execution happening over the next 12 to 18 months, even this stock can see a good return from these levels.

Among the midcap stocks, in the housing finance, GIC Housing Finance is available at a very good valuation. It is quite attractive at these rates. Another one would be Max India, which is also on an uptrend. The stock can also give a 20-25% return over the next one year.