Buy Tata Chemicals, says Gaurang Shah

Buy Tata Chemicals, says Gaurang Shah, Geojit BNP Paribas Financial Services.

Shah told CNBC-TV18, "We have been bullish on Tata Chemicals for a very long time and if somebody has to follow, the agri sector story then I think the kind of moves that you will expect and ofcourse with the budget on the horizon one can have a little bit of extended time horizon and stay invested in this stock." He further added, "On this Rs 280 seems to be the bottom but on Friday even after the carnage that we saw on the later part of the second half, the stock closed at about Rs 327 with a green tick next to it. So with the stop loss of about Rs 320, one can buy into Tata Chemicals with the target of about Rs 345."