Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessBuy Jubilant Foodworks, Petronet LNG; sell Wockhardt: Ashwani Gujral

    Buy Jubilant Foodworks, Petronet LNG; sell Wockhardt: Ashwani Gujral

    Ashwani Gujral of ashwanigujral.com is of the view that one can buy Jubilant Foodworks and Petronet LNG and sell Wockhardt.

    August 18, 2017 / 13:31 IST

    Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "For Infosys, Rs 900 is getting defended. Today was a good day to take Rs 900 out and for the stock to make a fresh low again. It is possible that something similar to Jubilant Foodworks happens on Infosys where when the CEO got changed, the stock was almost up 50 percent. So, that is something people should keep in mind that there is no value in selling Infosys now."

    "Jubilant Foodworks is a buy with a stop loss of Rs 1,380 and target of Rs 1,450. Petronet LNG is a buy with a stop loss of Rs 226 and target of Rs 242."

    "Wockhardt is a sell with a stop loss of Rs 555 and target of Rs 530," he added.

    first published: Aug 18, 2017 12:41 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347