Pathik Gandotra of Dron Capital told CNBC-TV18, “I would be buying Sesa Goa (now Sesa Sterlie). It is a good stock to own because there are multiple triggers along the way which don’t depend upon earnings or the US or anything else. There are just a couple of government actions, which need to be taken for the stock to give a very decent return. So I would clearly accumulate the stock.”
“We would also accumulate some pharmaceutical stocks. We think pharmaceutical has not done so well over the past 45 days and there has been some time wise correction. The price upmove has already begun in this space; so we would play in to that,” Gandotra said.
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