Buy Tata Motors, Axis Bank: Gaurang Shah

Gaurang Shah of Geojit BNP Paribas told CNBC-TV18, "The sad part is that even traders have made losses in Suzlon Energy. So, forget about fundamentals, even if the quarter was great enough well the fact still remains that this is a stock which is widely owned and any upside on the counter is going to be met with substantial amount of selling."He further added, "Post the Budget the cost of solar energy is almost going to be par with wind power and the maintenance cost of that wind power and solar is huge difference. You have huge cost of maintenance as far as wind power is concerned. Whereas for solar power the cost is not as much. No specific comments on the counter, but I think you are better off buying into names like Tata Motors and Axis Bank from a long-term point of view."