Ranbaxy can give 15-20% returns: V Kapoor

Vibhav Kapoor of IL&FS Investmart is of the view that Ranbaxy Laboratories can give 15-20% returns from this level and it is a safe long-term bet.

Kapoor told CNBC-TV18, "Let me first say that we are long in this stock. We have an investment in Ranbaxy. It is a fairly good long-term play at this point in time, particularly with all the developments that have happened over the last couple of weeks and particularly today’s development - the settlement with Pfizer, so it is a safe and good long-term bet and should give you 15-20% returns from here."