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HomeNewsBusinessBuy PVR, Deepak Fertilizers, Raymond: Ashwani Gujral

Buy PVR, Deepak Fertilizers, Raymond: Ashwani Gujral

According to Ashwani Gujral of ashwanigujral.com, one can buy PVR, Deepak Fertilizer and Raymond.

July 03, 2017 / 14:37 IST

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "PVR is a buy with a stop loss of Rs 1,400 and target of Rs 1,520. Deepak Fertiliser is a buy with a stop loss of Rs 280 and target of Rs 295. Raymond is a buy with a stop loss of Rs 738 and target of Rs 760."

"One way of dealing with GNFC is, you get out of this and get into Chambal Fertiliser or Deepak Fertiliser. It has been bought on a large rally, post which it has corrected. I would enter Deepak Fertiliser which is an outperforming fertiliser stock," he said.

"Dr Lal Pathlabs - if anything is making new all-time lows, you stay miles away from it and my sense if you ask my guess what could be wrong, basically test prices are coming off. So, anytime yields are coming off on any product, the stock price tends to fall. So, chances are there are so many labs around and for Rs 20 and Rs 50 tests are getting done; that could be my guess. However, if it was doing very well fundamentally, I don’t think it would be at 52 week lows."

"Century Textiles is a buy with a stop loss of Rs 1,100 and target of Rs 1,165. Reliance Infrastructure is a buy with a stop loss of Rs 500 and target of Rs 525."

"Grasim Industries is a buy with a stop loss of Rs 1,240 and target of Rs 1,300."

first published: Jul 3, 2017 02:28 pm

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