Buy Sesa Goa, says Gujral
Buy Sesa Goa, says Technical Analyst, Ashwani Gujral.
Gujral told CNBC-TV18, "Gujarat NRE has a pretty comfortable range between Rs 70 and Rs 90. I think fresh moves need the stock to get passed at Rs 90-95 kind of range.”
He further added, “Sesa Goa keeps hitting all time highs on all declines towards Rs 415-420. It remains a fairly strong buy. So that is probably one of the strongest stocks in the market and on all declines if you buy it, you tend to see fresh highs as it moves up.”
At 09:36 hrs Sesa Goa was quoting at Rs 444.30, up Rs 4.20, or 0.95%. Its Market Cap stands at Rs 36,545.83 crore. The company's trailing 12-month (TTM) EPS was at Rs 20.46 per share.