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Hold Tata Coffee, prefer State Bank of India: Prakash Gaba

Prakash Gaba of prakashgaba.com is of the view that one can hold Tata Coffee and prefers State Bank of India.

December 04, 2017 / 15:46 IST

Prakash Gaba of prakashgaba.com told CNBC-TV18, "Tata Coffee has been in a buy mode since the level of Rs 94, and it is still into a buy mode. However, after seeing such an up move, possibly we could see some sideways move and maybe Rs 160 or Rs 155 is possible. It is a beautiful stock to hold."

"I do not remember last time when any one of us saw rally of 30-50 percent on either Punjab National Bank (PNB) or a State Bank of India (SBI) or maybe Bank of India, or likewise even Canara Bank. SBI would be the best suitable stock in the universe," he said.

CNBC-TV18
first published: Dec 4, 2017 03:43 pm

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