Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Future Consumer is one of the stocks which has not corrected sharply, so definitely with a stop loss closer to Rs 50-55, you can expect levels of Rs 80-85. So hold on, possibly add some if you want to and hold with a stop loss around Rs 50 and you should be able to get Rs 80-85."
"One needs to move into L&T Finance Holdings or Dewan Housing or maybe Ashok Leyland. Sun Pharma is not out-performing even in the pharma space. So that way, it is a laggard and chances are it will not get past Rs 600 really soon."
Future Consumer closed at Rs 59.65, up Rs 1.95, or 3.38 percent. The share touched its 52-week high Rs 69.80 and 52-week low Rs 18.10 on 11 September, 2017 and 09 November, 2016, respectively.
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!
