Buy Anant Raj Ind with long term view: Nirmal Bang

MUMBAI: Nirmal Bang Securities has recommended investors to buy Anand Raj Industries with a long-term perspective.

“Buy from a longer term view, stock showing sign of strong sign of a big move happening on a weekly chart as it is continuously making higher tops, stop-loss can be placed at 145, if the stock holds above 173 in the near term then expect 215,” said the brokerage firm.

At 9:30 am, shares of the company were trading at Rs 151.70, down 1.3 per cent or Rs 2 on the NSE.