Moneycontrol
Last Updated : Jan 12, 2018 03:52 PM IST | Source: CNBC-TV18

Hold L&T Finance Holdings, says Ashwani Gujral

Ashwani Gujral of ashwanigujral.com is of the view that one may hold L&T Finance Holdings.

CNBC TV18 @moneycontrolcom

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "People often expect that now L&T Finance Holdings will go from Rs 170 to Rs 450 in a hurry that is not how life works out. So one will probably have to hold for a while before it makes a next move."

"I think the lows of this correction can be kept as a stoploss, so maybe look at Rs 165-170 as a stoploss and then look for the next rally which can take it up to Rs 240-250 but it will take some time," he added.

At 15:25 hrs L&T Finance Holdings was quoting at Rs 180.20, down Rs 1.25, or 0.69 percent.
First Published on Jan 12, 2018 03:29 pm
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