Buy Eicher Motors, target Rs 21500: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Eicher Motors has gone through its stressed test where from Rs 21,000 it came down to Rs 14,500. It recovered much before the market did, so definitely this is one of the outperformers. I wouldn't be surprised if it should soon get towards Rs 21,500 and may be even further. So, on all dips this is one stock that you should back.""Tata Consultancy Services (TCS) is still a weak stock in my opinion. Infosys is the better stock or probably midcap IT stocks are better stocks. TCS is probably range bound, you can say Rs 2,200 on the downside and Rs 2,450 type of an upside."Eicher Motors closed at Rs 19,860.95, up Rs 615.15, or 3.20 percent. It has touched an intraday high of Rs 19,950.00 and an intraday low of Rs 19,151.00.