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Buy NCC, Yes Bank, India Cements: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com suggests buying NCC, Yes Bank and India Cements.

October 26, 2017 / 11:55 IST

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "It is clear that construction, and engineering, all those type of companies are now looking up. So, NCC is a buy with a stop loss of Rs 108 and target of Rs 116."

"Yes Bank is a buy with a stop loss of Rs 330 and target of Rs 350. India Cements is a buy with a stop loss of Rs 186 and target of Rs 201."

"I think yesterday the view was that all the NBFC and private bank business will get taken away by PSU bank, that is going to the rear now because the market is getting to the view that there will be enough growth to compensate for any sort of competitive pressure. So that pressure is getting taken off the NBFC and the private banks," he said.

first published: Oct 26, 2017 11:53 am

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