Look at Voltas, Blue Star: Mahantesh Sabarad

Mahantesh Sabarad, Deputy VP - Research at SBI Capital Securities is of the view that one may look at Voltas and Blue Star.

Mahantesh Sabarad, Deputy VP - Research at SBI Capital Securities told CNBC-TV18, "Some of the consumer durable names especially the air conditioning makers such as Voltas  or Blue Star  for example are the themes to play out because we are seeing increasing urbanisation and increasing penetration of air conditioning over the years and that theme will continue to play out. This is the summer season and obviously all eyes will be on what kind of AC sales they will garner. However suffice to say the increase in penetration stories on air conditioners is intact and we like some of those names."

At 12:20 hrs Voltas was quoting at Rs 280.05, down Rs 3.60, or 1.27 percent. It has touched an intraday high of Rs 285 and an intraday low of Rs 279.60.

Disclosure: Analyst keep advising above stocks to his clients and his firm is in the midst if being registered with SEBI.

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