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Buy DHFL, Hindalco, VIP, SBI, Motherson Sumi: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com recommends buying Dewan Housing Finance Corporation, Hindalco Industries, VIP Industries, State Bank of India and Motherson Sumi Systems.

November 08, 2016 / 09:35 IST
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Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Housing Finance did very well yesterday, so Dewan Housing Finance Corporation (DHFL) is a buy with a stop loss of Rs 306, target of Rs 324." "Hindalco Industries has been showing consistent strength, that is a buy with a stop loss of Rs 162, target of Rs 176. VIP Industries corrected post rally, that is a buy with a stop loss of Rs 134, target of Rs 146," he said."Sometimes things tend to rub off, so maybe ICICI Bank can rub off on State Bank of India (SBI). So, SBI is a buy with a stop loss of Rs 248, target of Rs 262.""Motherson Sumi Systems is also a buy with a stop loss of Rs 310, target of Rs 327."

first published: Nov 8, 2016 09:31 am

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