HomeNewsBusinessStocksPick Oil India, Aditya Birla Money: Daljeet Kohli

Pick Oil India, Aditya Birla Money: Daljeet Kohli

Daljeet Kohli of India-Nivesh Securities is of the view that Oil India may touch Rs 672 and feels that Aditya Birla Nuvo may touch Rs 1506.

December 24, 2013 / 15:15 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Daljeet Kohli of India-Nivesh Securities told CNBC-TV18, "The target in Oil India is Rs 672. This is a play on gas pricing, 10 percent comes for Oil India from gas. Once the gas price goes up they are a very clear beneficiary of that which will lead to re-rating plus a good dividend yield company."

"Aditya Birla Nuvo is a store value of money. It is a play on all consumption themes; financials and retail as well as telecom. We are seeing a lot of things happening in all three of these sectors. All of them benefit. Only problem with that is that they need to unlock this value. So, the management has to do a lot there, but there is a big potential. The target in the stock is Rs 1506," he said.

Story continues below Advertisement
first published: Dec 24, 2013 03:15 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!