HomeNewsBusinessStocksBuy DCB Bank, Yes Bank, Dabur; Vijaya Bank may hit Rs 85: Gujral

Buy DCB Bank, Yes Bank, Dabur; Vijaya Bank may hit Rs 85: Gujral

Ashwani Gujral of ashwanigujral.com is of the view that one can buy DCB Bank, Yes Bank and Dabur India while Vijaya Bank may hit Rs 85.

February 28, 2017 / 14:37 IST
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Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "The smaller private banks are doing well. So, DCB Bank is still a buy with a stop loss of Rs 154, target of Rs 166. Yes Bank has also turned in the last few minutes, that is a buy with a stop loss of Rs 1,420, target of Rs 1,475. FMCG is also doing well, so Dabur India is a buy with a stop loss of Rs 270, target of Rs 285.""Vijaya Bank did very well yesterday. It is a strong public sector undertaking (PSU). This is probably the one that you should buy. As long as it holds Rs 65-66, there is more on the upside. Maybe Rs 84-85 is possible," he said."Bharti Airtel and Idea Cellular were utility stocks earlier and now that little bit of safety is going away in terms of prices etc. It is volatile, everyday there is a new newsflow, I don’t think there is great upside or downside. They will be volatile and all over the place. You want stocks which show some consistency of earnings and newsflow. I don’t think this is a space anybody should be in."

first published: Feb 28, 2017 02:37 pm

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