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Feb 09, 2017 11:14 AM IST | Source: CNBC-TV18

Buy Granules India, Tata Comm, Tata Global, EIL: Ashwani Gujral

Ashwani Gujral of suggests buying Granules India, Tata Communications, Tata Global Beverage, Engineers India and Coromandel International.

Ashwani Gujral of told CNBC-TV18, "Granules India is a buy with a stop loss at Rs 125 for target of Rs 140 and Tata Communications with a stop loss at Rs 755 for target of Rs 780. Telecom is gain showing some steam."

"Tea stocks are doing extreamly well, so Tata Global Beverage is a buy with a stop loss at Rs 142 for target of Rs 154. The move in Engineers India (EIL) can continue, it is a buy with a stop loss at Rs 154 for target of Rs 166."

"Fertilizer stocks continue to do well, so Coromandel International is a buy with a stop loss at Rs 335, look for target of Rs 352," he added.

"On any sort of decline, Hindalco Industries, Vedanta and even Tata Steel can be looked at for buying because I think this year will also remain good for metals."

"NBFC stocks like Manappuram Finance and Muthoot Finance are the stock you can play for the day along with possibly Indraprastha Gas (IGL). 
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