Moneycontrol PRO
HomeNewsBusinessLike Ashok Leyland; Manappuram Finance may head higher, SBI can hit Rs 278: Prakash Gaba

Like Ashok Leyland; Manappuram Finance may head higher, SBI can hit Rs 278: Prakash Gaba

Prakash Gaba of prakashgaba.com is of the view that Manappuram Finance may head higher, SBI can hit Rs 278 and likes Ashok Leyland.

March 24, 2017 / 11:47 IST

Prakash Gaba of prakashgaba.com told CNBC-TV18, "I certainly like Ashok Leyland, that looks good to me. The way it is trading, it can really climb higher. I feel that Ashok Leyland can even cross all time high and go towards Rs 115 and Rs 120 zone. It has bounced from a very strong base." 

"Manappuram Finance can climb higher from here. Allahabad Bank looks okay to me, can climb to levels closer to Rs 73, keep stop loss below Rs 70. State Bank of India also is looking good and can climb to levels closer to Rs 278, keep stop loss below Rs 270," he said.

first published: Mar 24, 2017 11:25 am

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