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Last Updated : Oct 05, 2017 01:33 PM IST | Source: CNBC-TV18

Buy ITC, V-Guard Industries, Marico: Manoj Murlidharan

Manoj Murlidharan of Religare Securities advises buying ITC, V-Guard Industries and Marico.

Manoj Murlidharan of Religare Securities told CNBC-TV18, "We would be buying V-Guard Industries. The stock has shown long built-up along with cash delivery, so at Rs 189 to Rs 190 we still recommend buying. The stoploss should be Rs 184. The distribution might come further; somewhere close to Rs 212-214, so that should be the target.”

He further added, “We like Marico at Rs 312. We recommend buying. The stoploss should be Rs 304 and we expect a target of Rs 333.”

“In ITC, after a long time, we have seen good buying. In a range of Rs 252-284 is what it trades, so we are recommending buying at Rs 265 with a stoploss of Rs 253 and expect target close to Rs 283 on ITC,” he said.
First Published on Oct 5, 2017 01:33 pm