Moneycontrol
Oct 19, 2016 02:43 PM IST | Source: CNBC-TV18

Buy LIC Housing Finance, DHFL, Zee Entertainment: Yogesh Mehta

According to Yogesh Mehta of Motilal Oswal, one can buy LIC Housing Finance, DHFL and Zee Telefilms.

Yogesh Mehta of Motilal Oswal told CNBC-TV18, "We have a buy on LIC Housing Finance. Yesterday it was a decent run up of almost 5.5 percent. Today again it is quoting at Rs 612-611, we are looking at buying this stock with a stop loss of Rs 600 and looking at targets of Rs 630."

"DHFL has given a decent runup and posted stellar set of numbers. It is showing an uptick on post the consolidation; Rs 333 is the current price in the future. We are recommending buy with a stop loss of Rs 318 and target would be Rs 350," he said.

"Zee Entertainment has corrected a lot from Rs 590 levels to Rs 500 levels, almost 17-18 percent. Around Rs 495-500, it is a strong support level. Currently it is quoting at Rs 512-513 levels in future. We are looking at buy with a stop loss of Rs 504 and target of Rs 528 and Rs 535."

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