Buy Balkrishna Industries

Balkrishna Industries is a very good long term pick for the next 2-3 years. The company has aggressive and huge expansion plans and if everything goes right, Balkrishna Industries will see a re-rating in the years to come. Buy in small quantities at 790-795 and you can expect it to grow to 980 in a year's time. I expect it to touch 1100 by mid 2012.