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Last Updated : Aug 28, 2017 02:32 PM IST | Source: CNBC-TV18

Buy ACC, L&T Finance Holdings, Voltas: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com suggests buying ACC, L&T Finance Holdings and Voltas.

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "ACC is a buy with a stop loss of Rs 1,800 and target of Rs 1,865. Cement has done well today and also NBFCs. L&T Finance Holdings is a buy with a stop loss of Rs 176 and target of Rs 188. Voltas is a buy with a stop loss of Rs 528 and target of Rs 550."

"DLF probably needs to consolidate and move on from that stake sale. So my sense is that on declines it should be bought. However, overall, it is not the greatest stock. Bajaj Finance and Bajaj Finserv are hitting new highs every day. So why I have to mark around in something that is kind of consolidating. It is not making those large moves."

"J Kumar Infra got smashed up probably because of no fault of theirs. However, the stock is not moving, it is not like it is coming back to Rs 200. So, my sense is once you get tainted, nobody is going to touch this stock. Move into L&T Finance, similar price range, you will probably do much better," he added.

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First Published on Aug 28, 2017 02:31 pm
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