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Equity News

NALCO may move to Rs 115-120, says Ashwani Gujral

9 September 2017 (07:30AM)

Ashwani Gujral of ashwanigujral.com is of the view that NALCO may move to Rs 115-120.

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "National Aluminium Company (NALCO) has broken out of a multi-year high and now obviously two-three days of up and down can happen. However, overall, I think it is finally heading towards Rs 115-120."

"Metals overall are looking extremely strong, so my sense is that after being dormant for many years, I think now the next few months for metals should be extremely good and Nalco probably will play catch up," he said.

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