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March 06, 2019 08:35 AM | Market

Ashwani Gujral on March 6: Buy Tech Mahindra; Sell Axis Bank, & REC

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 Adani Enterprises, L&T Finance Holdings, Tata Steel, Can Fin Homes and BEML, ICICI Prudential Life Insurance, Motherson Sumi Systems, Tech Mahindra, PVR, Edelweiss Capital, Reliance Infrastructure, VIP industries, Bata, Raymond, Titan, Tech Mahindra, Axis Bank, REC, Reliance Industries.

Recommending specific stock ideas, Gujral said, “Axis Bank is a sell with a stop of Rs 722 and target of Rs 705. REC is a sell with a stop of Rs 144 and target of Rs 134. Tech Mahindra is a buy with a stop of Rs 820 and target of Rs 845.”

“VIP Industries is a buy with a stop of Rs 438 and target of Rs 460. Bata is a buy with a stop of Rs 1,315 and target of Rs 1,360. Raymond is a buy with a stop of Rs 820 and target of Rs 865,” he added.

“PVR is a buy with a stop of Rs 1,500 target of Rs 1,610. Edelweiss Capital is a buy with a stop of Rs 160 target of Rs 175 and Reliance Infrastructure is a buy with a stop of Rs 137 target of Rs 150,” Gujral said.

"ICICI Prudential is a buy with a stop of Rs 335 target of Rs 352. Motherson Sumi is a buy with a stop of Rs 164 target of Rs 178 and Tech Mahindra is a buy with a stop of Rs 810 target of Rs 835," Gujral added.

“Adani Enterprises is a buy with a stop of Rs 138 target of Rs 150. L&T Finance is a buy with a stop of Rs 124 target of Rs 136. Tata Steel is a buy with a stop of Rs 515 target of Rs 540. Can Fin Homes is a buy with a stop of Rs 288 target of Rs 310 and BEML is a buy with a stop of Rs 900 target of Rs 925,” he added.

Follow stock recommendations by Ashwani Gujral here: https://www.cnbctv18.com/author/ashwani-gujral-115/

Disclaimer: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

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.
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