Buy Praj Industries: Rajesh Agarwal

Buy Praj Industries, says Rajesh Agarwal of Eastern Financers.

Agarwal told CNBC-TV18, "One can buy Praj Industries with a stop loss of Rs 69 and a target of Rs 79. The company has recently planned an expansion of around Rs 25 crore in FY12 and done an expansion of around Rs 12 crore, which is going to reduce costs and improve margins." He further added, "We expect the company to do well in the coming quarters. In the current quarter also, the numbers has been quite good with both top line and bottom line growing." Click HERE to know the rules and follow the score card