Buy Kirloskar Ferrous Industries, says Ashwani Gujral

Published on Thu, Dec 17, 2009 at 10:12 |  Source : CNBC-TV18

Updated at Thu, Dec 17, 2009 at 10:51  

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Ashwani Gujral, Technical Analyst

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Buy Kirloskar Ferrous Industries , says Technical Analyst, Ashwani Gujral .

Gujral told CNBC-TV18, "Kirloskar Ferrous Industries had a parabolic move. This is a small cap stock, which we can buy with a stoploss of Rs 33 and could see target of about Rs 39."

At 10:08 am, the share was quoting at Rs 36.40, up Re 1, or 2.82% with volumes of 105,741 shares. Its marketcap is Rs 499.75 crore. Currently it is 304.44% above the 52-week low of Rs 9.

  

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