Phani Sekhar, Fund Manager-PMS at Angel Broking told CNBC-TV18,"Investors should make reasonable money on Godrej Industries. Difficult to predict levels because a lot of value on Godrej Industries is derived out of its sum of parts but since almost all the businesses seem to be doing well, you can look at levels closer to Rs 425-450 from a 12-15 months target. However, this is considering the fact that the markets remain where they are or inch marginally higher. In the case of declines I would suggest the investors can average because over the longer term this looks a good stock."
He further added, "There are better stocks because when you say long-term portfolio typically you cannot have more than five-seven stocks as part of your core portfolio. I am afraid Godrej Industries does not qualify to be one of those top five-seven stocks either from a midcap or from a large cap perspective. So you can play it for a one or one and half year perspective but not from a core portfolio point of view."
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