CEAT a better bet than Balkrishna Inds
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On Buy Now Sell Now we caught up with Kunal Bothra, kunalbothra.co.in and Ashish Maheshwari, Director, Blue Ocean Strategic Advisors to get all your stock-related queries answered as the markets scale to new high.
Query 1
Viewer Name: Pankaj Gupta
I Am Holding 4,000 Shares Of DHFL. Is It Being Delisted Or Merged With Piramal Enterprise? Please Share Your Outlook.
Kunal’s View: I would focus on the Piramal Chart over DHFL. Piramal Enterprise has been underperforming since last 6-7 months vs other NBFCs. Charts are indicating that the stock will see a new trend emerging very soon. Buy for a near-term target of Rs. 2,200.