Engineers India has target of Rs 350: Mehta
Devang Mehta, Vice President & Head - Equity Sales, Anand Rathi Financial Services is of the view that Engineers India has target of Rs 350.
June 06, 2011 / 13:18 IST
Devang Mehta, Vice President & Head - Equity Sales, Anand Rathi Financial Services is of the view that Engineers India has target of Rs 350.
Mehta told CNBC-TV18, "We did like a not large cap exactly but the results of Engineers India Limited as well as stocks like Jagran Prakashan and Cox & Kings. Now in this type of a market scenario when we know that large caps as well as high beta stocks could be a little difficult to probably get into. These stocks can act as a different themes stock like Cox & Kings which is doing very well, travel theme in India as well as the business as well as the leisure tourism is gaining ground with good numbers and also backed by sound fundamentals, Cox and Kings can do very well."He further added, "I would like to highlight is Engineers India Limited. Now the stock has done very well since the last 35 years. It
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