Arvind may head towards Rs 420-425: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Karnataka Bank and DCB Bank looked best of the lot but even on Arvind I think there is now follow through coming. It was in this range of about Rs 360 to about Rs 390 now. Coming out of Rs 390, a dash towards Rs 420-425 seems likely."At 12:02 hrs Arvind was quoting at Rs 388.85, up Rs 9.00, or 2.37 percent. It has touched an intraday high of Rs 392.80 and an intraday low of Rs 380.60.