Accumulate Narmada Gelatin below Rs 100: Ashish Chugh

Accumulate Narmada Gelatin below Rs 100, says Ashish Chugh, Investment Analyst.

Chugh told CNBC-TV18, "We like the stock of Narmada Gelatin for two reasons. First is this is a debt free co which is available at very attractive business valuation and also provides margin of safety. The second reason is the possibility of the company getting sold in the future and this event as and when it happens may lead to a huge value unlocking for the company in the future.