Stay with Pipavav Defence; may test Rs 120-130: Vijay Chopra

Vijay Chopra of enochventures.com told CNBC-TV18, "There is a lot which is going to happen in all the defence related companies. Pipavav Defence should be the beneficiary and if you look at a longer-term perspective, four-five years, I think that these companies could be potential multi-baggers depending upon the order flow which definitely should happen because the kind of initiative government is taking and push which they have for the make in India campaign, I am sure that the companies like Pipavav Defence would be beneficiaries.""If one can hold on for a long time, probably we can see Rs 120-130 on the cards but I see if somebody holds with one to one and a half years of perspective, Rs 90 is something very much possible for this stock," he added.