Shriram Transport Finance a good stock to invest: Ashwani Gujral
It seems to be one of the stronger finance companies. If you have to go into banking, probably Shriram Transport is a much better stock to get into.
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| Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, in a chat with ET Now, gives his views on Shriram Transport Finance.
What is the call on Shriram Transport Finance?
It seems to be one of the stronger finance companies. If you have to go into banking, probably Shriram Transport is a much better stock to get into. So chances are that the next level for this could be closer to probably 835-840. Broadly whenever it comes down to the 600-620 kind of levels, it becomes a good buy but the rally generally does not extend beyond 825-830 and it is possible that it gets this time.
What is the call on Shriram Transport Finance?
It seems to be one of the stronger finance companies. If you have to go into banking, probably Shriram Transport is a much better stock to get into. So chances are that the next level for this could be closer to probably 835-840. Broadly whenever it comes down to the 600-620 kind of levels, it becomes a good buy but the rally generally does not extend beyond 825-830 and it is possible that it gets this time.
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