Stay with Escorts, target Rs 780-800: Sandeep Wagle

Sandeep Wagle of powermywealth.com told CNBC-TV18, "I would recommend a hold on Escorts. One can place a stoploss of Rs 540. For 12-15 months, I would talk of a target of anywhere between Rs 780 and Rs 800."

At 15:10 hrs Escorts was quoting at Rs 650.55, up Rs 0.60, or 0.09 percent.

The share touched its 52-week high Rs 767.70 and 52-week low Rs 270 on 06 June, 2017 and 22 November, 2016, respectively.