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Dabur is a long term hold, says Prakash Diwan

Updated : October 31, 2018 09:27 PM IST

In an interview to CNBC-TV18, Ashwani Gujral and Prakash Diwan shared their views on the fundamentals of the market. They also spoke about specific stocks and sectors.

They spoke at length about Gruh Finance, Bank of Baroda, Dabur, and Tata Motors

Answering a viewer query on Gruh Finance, Diwan said, “If he is a medium term investor which I read as 6-12 months, he could wait it out. Things could start looking up and maybe take a call by the time next couple of quarter’s numbers come through. However, do not book a loss in this panic situation.”

On Dabur, Gujral said, “It is around its 200 day average. If you have a Rs 1,000, put in Rs 100 every month. Till the elections things will be choppy and there will be all kinds of data floating around. So, if you can accumulate in this Rs 350-380 zone, I think these would be good levels to accumulate and hold on for the post-election rally whatever we have.”

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.
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