Buy Maruti with a stop loss of around Rs 1420: CK Narayan

CK Narayan of Growth Avenues Asset Advisors in a chat with ET Now shares his views on Maruti.

ET Now: What is your call on Maruti?

CK Narayan: I have a buy in Maruti which I find has been doing pretty well and among the auto sector, this seems to be clearly the outperformers at the moment. So clearly fresh buyers are being attracted even at the current high price level. It is trading at about 1435; I would say just a buy keeping a stop of about 1% from entry, so that will be about 14-15 points and looking for a target in the zones of about 1460 to 1465.