HomeNewsBusinessStocksBuy M&M Fin, CESC, PC Jeweller, Maruti: Ashwani Gujral

Buy M&M Fin, CESC, PC Jeweller, Maruti: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com is of the view that one can buy Mahindra and Mahindra Financial Services, CESC, PC Jeweller and Maruti Suzuki.

April 12, 2016 / 12:40 IST
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Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Mahindra and Mahindra Financial Services is a buy with a stop loss of Rs 249, target of Rs 265. CESC is a buy with a stop loss of Rs 487, target of Rs 520. PC Jeweller is a buy with a stop loss of Rs 370 and target of Rs 400.""Maruti Suzuki seems to be exhausting its downside and it is doing that before making a fresh low. So, somewhere the stock is getting ready for some sort of a bottom and once we get past Rs 3,760, you could easily get back towards Rs 4,000-4,100. So, the first signs of Maruti bottoming out are visible now. So, anybody who has a two months type of timeframe can easily buy into Maruti," he said."Zee Entertainment has not done too much in the last few months, it has basically been range bound, Rs 360 on the downside and Rs 440 on the upside. So, for the moment, it appears to be holding that range. Between the two, you much rather get into Maruti where a lot of negativity is priced in and maybe monsoon also impacts that much better than it impacts Zee."

first published: Apr 12, 2016 12:38 pm

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