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Buy DCB Bank: Ambareesh Baliga

Ambareesh Baliga, Market Expert recommends buying DCB Bank.

November 24, 2014 / 16:47 IST
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Ambareesh Baliga, Market Expert told CNBC-TV18, "DCB Bank which I had possibly recommended at level of about Rs 38-40 and currently it is quoting at about Rs 104 but looking at the sort of consistent financial performance of this bank, my target price has now moved to about Rs 125-130. This is one stock which I think one can buy at these levels."

"I would recommend Himatsingka Seide. As compared to Indo Count, Himatsingka is a better bet into furnishings just like Indo Count but margins are much better. It has a complete chain right from manufacturing to retail. It is quoting at Rs 89 and has just moved up 100 percent as compared to Indo Count which moved up 10 times. So, this is one stock which could be looked at for medium term," he said.

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first published: Nov 24, 2014 04:42 pm

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