Accumulate L&T Finance Holdings at around Rs 150-170: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "All of these NBFCs are kind of going through an intermediate consolidation. Now the right way to do this is to not buy in future and to keep accumulating as the stock comes off. I think Rs 150-170 type of zone you should try to accumulate in L&T Finance. Whenever the next rally starts chances are you will see maybe Rs 250 and beyond."

The share touched its 52-week high Rs 213.60 and 52-week low Rs 83.95 on 24 October, 2017 and 27 December, 2016, respectively.

Currently, it is trading 17.49 percent below its 52-week high and 109.95 percent above its 52-week low.