Buy Godrej Industries: Parag Doctor

Buy Godrej Industries, says Parag Doctor, Motilal Oswal Securities.

Doctor toldNBC-TV18, "We at Motilal Securities would like to recommend to Godrej Industries on the buy side. This stock has been accumulating between Rs 160 and 190 for the last few months and has now shown strength by crossing its 200 day average, which is at Rs 190. It is breaking out of its range and it is expected to move to the Rs 230 levels with the stop loss being at Rs 185."