Buy Aurobindo Pharma, may test Rs 1555: Sahil Kapoor

Sahil Kapoor of Edelweiss Financial Services told CNBC-TV18, "In Aurobindo Pharma we are seeing a lot of action. It is trading close to its lifetime high and I expect the stock to move higher. There is a clear correlation of Aurobindo Pharma with the market, whenever we have seen the market rising, it is an outperformer. So, I expect the stock to move higher to Rs 1,555. So, you can buy it with a stop loss below Rs 1,390 expect a move towards Rs 1,555 or even higher."

At 14:47 hrs Aurobindo Pharma was quoting at Rs 1,446.55, up Rs 1.90, or 0.13 percent. It has touched an intraday high of Rs 1,458 and an intraday low of Rs 1,436.05.