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    HomeNewsBusinessSell Bata, Havells India; buy ITC: Yogesh Mehta

    Sell Bata, Havells India; buy ITC: Yogesh Mehta

    Yogesh Mehta of Motilal Oswal Securities is of the view that one can sell Bata India and Havells India and can buy ITC.

    CNBC-TV18
    February 06, 2018 / 12:46 IST

    Yogesh Mehta of Motilal Oswal Securities told CNBC-TV18, "Bata India in the future segment, current price is Rs 693, keep a stop loss of Rs 700, one can look at a price target of Rs 673-675 range."

    "The other one is on Havells India. The closing price was Rs 499, keeping Rs 509 as a stop loss, target could be in the range of Rs 479."

    "On the buy side, ITC shows some sign of a resilience in this kind of a sell-off we have seen post Budget. That has closed around Rs 279 in futures segment. Keeping a stop loss of Rs 272, target could be in the range of Rs 293-294 levels," he added.

    CNBC-TV18
    first published: Feb 6, 2018 12:32 pm

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