Buy S Kumars, target Rs 40: Rajesh Agarwal

Rajesh Agarwal of Eastern Financiers feels that one should buy S Kumars on dip.

Agarwal told CNBC-Awaaz, "One can buy S Kumar’s on dip, the stock is looking good for long term. We can see level of Rs 40 in next one year time."
The company touched its 52-week high Rs 70.65 and 52-week low Rs 22.10 on 01 Jun, 2011 and 30 Dec, 2011, respectively. Currently, it is trading -54.99% below its 52-week high and 43.89% above its 52-week low.