Raymond has target of Rs 420: Prakash Diwan

Raymond has target of Rs 420, says Prakash Diwan of Asit C Mehta Investment Intermediates.

Diwan told CNBC-TV18, "We have seen some momentum on the textile space for quite some time. One of the stocks that is primarily moving not necessarily just because of textile play is Raymond and that is other stock that I would like to add to the portfolio at current price level. It does offer a decent appreciation, which could possibly happen during the day's session. The target price is Rs 420 and a stoploss of Rs 392." Click HERE to know the rules and follow the score card