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Buy DHFL, Adani Enterprises, Ashok Leyland, L&T Finance Holdings: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com recommends buying Dewan Housing Finance Corporation, Adani Enterprises, Ashok Leyland and L&T Finance Holdings.

October 26, 2017 / 14:55 IST
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Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Dewan Housing Finance Corporation is a buy with a stop loss of Rs 595, target of Rs 620. Adani Enterprises is a buy with a stop loss of Rs 127, target of Rs 140. Ashok Leyland is a buy with a stop loss of Rs 128, target of Rs 136."

"Today, the market is getting around to the view that it is not such a bad thing that PSU banks have capital and today, a lot of non-banking finance companies (NBFC) and private banks have come back. So, definitely L&T Finance Holdings is still a buy. Keep a stop loss around Rs 180 and you should expect Rs 250-260 because apparently, from the NBFCs that we have spoken to, they say there is space for everybody. So I think that sort of short positions are probably getting covered today," he said.

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first published: Oct 26, 2017 02:51 pm

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