Buy Aurobindo Pharma, Jain Irrigation, IGL: Rahul Shah

Rahul Shah of Motilal Oswal Securities told CNBC-TV18, "In Aurobindo Pharma, one should stay long from the current level in spite of it being 3 percent up, I think there is still a lot of room for it. So, I would buy with a stop loss of Rs 760 and a target of Rs 810." "Jain Irrigation Systems has been range bound for quite some time and now it is getting into a new band. Yesterday, it closed near to a 52-week high, it also crossed 200-day moving average. So, I feel Jain Irrigation is also a buy with a stop loss of Rs 80 and target of Rs 95," he said. "Indraprastha Gas (IGL), post results, has seen good set of rally which looks like it should continue going forward as well. The stock is trading near to 52-week high, I would still buy with a stop loss of Rs 740 and target of Rs 800."