HomeNewsBusinessStocksBuy Kaveri Seed, Ashok Leyland, Shalimar Paints: Bothra

Buy Kaveri Seed, Ashok Leyland, Shalimar Paints: Bothra

Paras Bothra of Ashika Stock Broking recommends buying Shalimar Paints with a target price of Rs 170 and Ashok Leyland with a target of Rs 47.

October 09, 2014 / 13:20 IST
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In CNBC-TV18's popular show Bull's Eye, Paras Bothra of Ashika Stock Broking shares his trading strategies for the day.

One can buy Kesoram Industries with a stoploss of Rs 119 and a target of Rs 140.

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One can buy Kaveri Seed Company with a stoploss Rs 855 and target of Rs 950.

One can buy Ashok Leyland. The company came out with very strong September numbers and the uptick in the commercial vehicle (CV) cycle looks quite sharp this time around and the impending CV cycle upturn is going to have a positive peering on a company like Ashok Leyland which is reflected in the sales number as well. So it is a buy with a stoploss of Rs 43 and a target of Rs 47.