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Yes Bank, Maruti Suzuki an opportunity to buy on dips, says IIFL

Updated : July 26, 2018 04:53 PM IST

Yes Bank and Maruti Suzuki India (MSIL) an opportunity to buy on dips, said Abhimanyu Sofat, vice president-Research, IIFL

In an interview to CNBC-TV18, Sofat said, "Even though the non-performing assets (NPAs) numbers for Yes Bank was disappointing, but the growth trajectory for it continues. The stock being available at 2.45 price to book could be bought at every decline."

Sofat said, "I would prefer to buy Maruti Suzuki India on declines at the level of Rs 9,000 and not at the current levels. The overall volume growth for the company is decent and as festive season nears, volumes will pick up."
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