ARSS value-pick among infra pack: Ashwani Gujral
ARSS out here, we have support at 780, it is possible that this stock should move back at least to 1000.
Any one stock from the infra space that you would like to take as a value pick?
Ashwani Gujral: The stock that I like in infra is probably ARSS. The rest of them they are broadly look-alike. They are still moving in ranges. GMR is at 40 to 50 range perpetually. So you would much rather buy JP Associates, GMR, Nagarjuna and make a 8-10 stock type portfolio and wait for the entire sector to comeback instead of betting on one stock at a time.
ARSS out here, we have support at 780, it is possible that this stock should move back at least to 1000. On Unity Infra, it is till not trending today. It could be a one off type move but probably it should find stiff resistance around 106-107. It is probably more to do with the 2-digit nature of the stock than any real move on infrastructure.
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