Buy Shoppers Stop with a target of Rs 422: Joshi

Buy Shoppers Stop with a target of Rs 422, says Sharmila Joshi of Fairwealth Securities.

Joshi told CNBC-TV18, "Post results Shoppers Stop corrected significantly largely because of what appeared to be poor numbers but I think you have to take into account the fact that hyper city numbers are now part of Shoppers Stop and you have to give some time for that to normalise, so the stock is growing at a very brisk pace. The stock again has some amount of recovery left, this I buy with a target of Rs 422." Click HERE to know the rules and follow the score card