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Mar 16, 2017 04:41 PM IST | Source: CNBC-TV18

Buy tyre stocks on dips, advises Ashwani Gujral

According to Ashwani Gujral of ashwanigujral.com, one can buy tyre stocks on dips.

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Tyre stocks are up two or three days in a row, now immediately getting in can be risky but given the momentum it seems like this rally has further to go. So, buy on dips probably not right now but whenever the dips come in."

At 10:09 hrs Ceat was quoting at Rs 1,261.75, up Rs 3.65, or 0.29 percent. It has touched an intraday high of Rs 1,277.00 and an intraday low of Rs 1,259.05.

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