Buy United Spirits, says Ajay Srivastava

Buy United Spirits, says Ajay Srivastava, CEO of Dimensions Consulting.

Srivastava told CNBC-TV18, "At present price United Spirits is an excellent buy for any investor in the market and sooner or later it will touch Rs 2,000 level because at Rs 1,440 the price is at the lower end of the spectrum one would expect it to sell."
He further added, "I think it is a good investment buy and I do not know whether one will get at Rs 1,320 when the market opens today but if you get it at anything Rs 1,400 odd also I think we are recommending to all our customer in the morning to buy the stock and hold it for a good gain, which is going to happen because I do not think people are going to put a single share in this open offer and they will hold on to it. So our advice to the customer in the morning is to buy it."
"I think HUL is definitely a buy and stay there; may not be too much buy but definitely stay there. ITC is an iffy-iffy stock. I think one can stay there but the conviction again is that the non-tobacco business is not working out."
"I think we have build-up a position in ICICI Bank and that is a disclosure that we believe that the stock will get re-rated over time. We should be looking at about closer to Rs 1,200 or thereabouts or maybe little higher than that. So one stock we picked up from Nifty to put our money on and go long on it."