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Buy Ceat, Karur Vysya Bank, Muthoot Finance: Ashwani Gujral

Ashwani Gujral of recommends buying Ceat, Karur Vysya Bank and Muthoot Finance.

April 11, 2017 / 03:00 PM IST

Ashwani Gujral of told CNBC-TV18, "Tyres seem to be doing well, so Ceat is a buy with a stop loss of Rs 1,410, target of Rs 1,475. Karur Vysya Bank is a buy with a stop loss of Rs 116, target of Rs 128. Muthoot Finance is a buy with a stop loss of Rs 378, target of Rs 400."

"At some point, I think Adani Ports will become a buy but overall Adani Enterprises also right from Rs 80 to about Rs 120-125 has been in a sharp rally. So, correction was anyway due. So Adani Enterprises and Adani Ports are the two stocks that you should look at on correction. The other power stocks, etc often are hit by bad news at the moment they start rallying. So both those stocks are avoidable," he said.
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