Adani Ports shares climbed 7.45 per cent to hit a high of Rs 886.70 on BSE. In the process, it breached the 12-month target price of Rs 878 on the stock that CLSA suggested on Sept 7.
“It is the same story in railway stocks and power stocks. You have to be very selective there. Among power stocks NTPC still has some value left. Tata Power also looks very good to me. The two stocks to buy now at current levels are Piramal Enterprises and CONCOR. ”