PNB Gilts has target of Rs 36: Gujral

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PNB Gilts has target of Rs 36: Gujral

PNB Gilts has target of Rs 36, says Technical Analyst, Ashwani Gujral.

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PNB Gilts has target of Rs 36, says Technical Analyst, Ashwani Gujral .

Gujral told CNBC-TV18, "PNB Gilts has made a huge base over the last 8-10 months. Now it is consistently trading above the breakout level, which is around Rs 30. The target for the day is Rs 36. Although longer term you could see levels of Rs 40 plus on this stock."

Its 52-week high is Rs 35.80 and it is 99.12% above its 52-week low of Rs 17.10. Its market cap is Rs 459.70 crore.