Manas Jaiswal of manasjaiswal.com is of the view that one should buy REC.
Jaiswal told CNBC-Awaaz, "One should buy REC with a stoploss of Rs 162. The stock is looking good; it may go upto Rs 182 in coming trading sessions."
The company touched its 52-week high Rs 251.40 and 52-week low Rs 143.50 on 17 Feb, 2012 and 28 Dec, 2011, respectively. Currently, it is trading -33.02% below its 52-week high and 17.35% above its 52-week low.
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