Buy Arvind, says Mithil Pradhan

Mithil Pradhan of Violet Arc Global Managers told CNBC-TV18, "Arvind has been my favourite for a very long time. If you compare the chart of Nifty versus Arvind, it has given a breakout on the relative performance chart. So, apart from this fact that Arvind is making higher highs and higher lows and even the correction in the market is not breaking anything out of it."

"So, Arvind is definitely a buy, Rs 300 is acting as a major support and that would be a good level to add into the stock," he added.