Bhanushali told CNBC-TV18, "Buy Punjab Communication; it is trading at Rs 116 currently. I maintain an intraday target of Rs 130, with a stoploss of Rs 110."
He further added, "This is very interesting company with 71% holding of Punjab Government in it and the company also has around Rs 100 crore in its cash reserves and with a very good expansion plans and liquidity."
