Buy JB Chemicals; target 165-170: Ashwani Gujral

"Overall pharma stocks seem to be in some kind of a bull market. This one tends to hold up much better in declines than other stocks. "

Ashwani Gujral, Chief Market Strategist, ashwanigujral.com in an interview with ET Now talks about JB Chemicals.

What is the call on JB Chemicals?

Overall pharma stocks seem to be in some kind of a bull market. This one tends to hold up much better in declines than other stocks. So chances are that if the market is stable, maybe keep a stop of about 135-136 and we could see 165-170 over a period of time.
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