Go long on REC with target of Rs 221: Prakash Diwan

Go long on REC with target of Rs 221, says Prakash Diwan of Asit C Mehta Investment Intermediates.

Diwan told CNBC-TV18, "One can go long on REC. The cost of funding for REC has been fairly attractively lower than most of it's peers and the kind of execution's time frame if you look at has also been quite interesting. So REC is the one you go long on with a target of Rs 221 and a stoploss of Rs 204." Click HERE to know the rules and follow the score card