Buy Arvind, says Sharmila Joshi

Buy Arvind, says Sharmila Joshi of Fairwealth Securities.

Joshi told CNBC-TV18, "Buy Arvind with a target of Rs 101 and stop loss at Rs 97. The kind of sales growth that we are seeing as well as monetisation of their real estate bit as well as the kind of retail presence they are ramping up in the coming year will mean that will slowly get reflected in the stock price. Part of it is already reflected but I think there is more to come, so this I buy with a target of Rs 101."