Ashwani Gujral of ashwanigujral.com said today, "Gruh Finance is a buy with a stop of Rs 495 and target of Rs 520. Uflex is a buy with a stop of Rs 417 and target of Rs 440. Interglobe Aviation is a buy with a stop of Rs 1,245 and target of Rs 1,290."
"All microfinance seems to be turning around strongly. So, Equitas Holdings is a buy with a stop of Rs 164 and target of Rs 176. I am hoping that ICICI Bank continues its run. So, that is a buy with a stop of Rs 290 and target of Rs 304," he said.
Ashwani Gujral further added, "HUDCO spent I think about a month, month and a half below its issue price. So, that is generally the nice way of this strategy playing out like it happened with ICICI Prudential. From here I won’t be surprised at some point HUDCO gets to Rs 180-200 and with this retail home finance that they are getting into, that is a sector in flavour. So, it will now start getting valuations of a home finance company. Chances are that it has at least 50-70 percent upside from here."
He said, "CDSL I don’t think has spent enough time below its issue price, so, maybe once that happens, I think we can look at that but right now I don’t think CDSL has quite the same pattern."
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