CARE can move to Rs 1050-1100: Baliga

Credit Analysis and Research (CARE) can move to Rs 1050-1100, says Ambareesh Baliga, Independent Analyst.

Baliga told CNBC-TV18, "As expected CARE opened at about 25 percent premium, which I was talking of in the last 2-3 days and the way I see it should move more towards that Rs 1,050-1,100 mark over the next couple of weeks not the next two or three months."
He further added, "PC Jeweller will list more or less flat or possibly at a small discount and I really do not see too much of movement immediately for the stock."