Buy NHPC with target of 23-24: CK Narayan

In a chat with ET Now, CK Narayan, Growth Avenues Asset Advisors (Technical Check), shares his views on various stocks.

ET Now: What is your call on NHPC?

CK Narayan: NHPC was at a bottom and seems to be showings signs of wanting to recover afresh. Most of the PSU names are in the news as it were. NHPC at 19 levels would present a very small internal risk. This is because I have a stop loss only at about 18 and the risk to reward is pretty good. I see a target at about 23 to 24 at the minimum.