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Ashwani Gujral on December 31: Buy Ujjivan Small Finance Bank, Tata Steel, GSFC
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Ashwani Gujral on December 31: Buy Ujjivan Small Finance Bank, Tata Steel, GSFC
Dec 30, 2018 11:46 PM

The latest analysis and commentary by stock market guru Ashwani Gujral on what is moving the markets today. Check out his top stock recommendations.

He spoke at length about Glenmark, Piramal Enterprises, Cummins, Colgate, Canara Bank, Dewan Housing Finance, Kotak Mahindra Bank, Bank of India, NBCC, Ahluwalia Contracts, UPL, NBCC, Chennai Petroleum, MCX, Ajanta Pharma, Divis Laboratories, JSW Steel, Titan, Balkrishna Industries, Graphite India, JSPL, City Union Bank, Page Industries, Ujjivan Small Finance Bank, Tata Steel, and Gujarat State Fertilizers&Chemicals (GSFC).

“Ujjivan Small Finance Bank is a buy with a stop of Rs 274 target of Rs 288. Tata Steel is a buy with a stop of Rs 520 target of Rs 542 and GSFC is a buy with a stop of Rs 110 target of Rs 124."

“JSPL is a buy with a stop of Rs 162 target of Rs 174. City Union Bank is a buy with a stop of Rs 188 target of Rs 200 and Page Industries is a buy with a stop of Rs 25,400 target of Rs 26,000.”

Recommending specific stock calls, Gujral said, “JSW Steel is a buy with a stop of Rs 300 and target of Rs 321. Titan is a buy with a stop of Rs 930 and target of Rs 955. Balkrishna Industries is a buy with a stop of Rs 920 and target of Rs 955.”

Stock specific, Gujral said, “Construction stocks are having a good time. So, Ahluwalia Contracts and now it is time to look at such stocks. That is a buy with a stop of Rs 324 and target of Rs 342. UPL is a buy with a stop of Rs 760 and target of Rs 785. NBCC is a buy with a stop of Rs 57 and target of Rs 62.”

Speaking about the individual stock ideas, Gujral said,“Glenmark is a buy with a stop of Rs 690 and target of Rs 715.Piramal Enterprises is a buy with a stop of Rs 2,300 and target of Rs 2,450. Cummins is a buy with a stop of Rs 855 and target of Rs 880. Colgate is a buy with a stop of Rs 1,300 and target of Rs 1,355. Canara Bank is a buy with a stop of Rs 273 and target of Rs 287.”

Follow stock recommendations by Ashwani Gujral here:

https://www.cnbctv18.com/author/ashwani-gujral-115/

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

First Published:Dec 31, 2018 8:46 AM IST

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