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.