Buy Globus Spirits, says Gujral

Gujral told CNBC-TV18, "Globus Spirits is part of consumption and yesterday after a long consolidation broke out, so fresh highs is always good to be bought. So one should buy this with a stoploss of Rs 156 and target here could be closer to Rs 190."

The company touched its 52 week high Rs 170.30 and 52 week low Rs 74.05 on 22 Jun, 2010 and 17 Oct, 2009, respectively. Currently, it is trading 0% below its 52-week high and 129.98% above its 52-week low. Market capitalisation stands at Rs 336.47 crore.