Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Coal India is not an outperformer. Why would I not sell Coal India and get into a Tata Steel or a Vedanta. So Coal India has other problems, it has the government on its back and all kinds of divestment and things start to happen once PSU stocks start moving higher.”
“While it can go up to maybe Rs 285-290, but my sense would be that one can move on to Tata Steel or Vedanta,” he added.
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