Watch the interview of Gaurang Shah of Geojit BNP Paribas Financial Services who shared his readings and outlook on specific stocks and sector & Pankaj Mathpal of Optima Money Manager answered few personal finance queries.Cipla In Cipla this morning itself we had some positive news coming of small acquisition. We do have coverage and our initial targets that we had worked out was somewhere close to about Rs 732 to 740 which this stock very smartly achieved and corrected. This correction we feel is an opportunity for people to get in from a long-term point of view.This new acquisition that the news came in this morning will take a little bit of time to play out positively in terms of synergies going forward from here on. However, at current levels from where the stock is trading we believe that the downside is protected. On the fundamentals the numbers were great but the stock corrected because the stock had run-up before the numbers came out. This makes us believe that it is a great opportunity. We believe that numbers that will unfold in the quarters to come will definitely support price to move upwards.
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