Ashwani Gujral has suggested `Buy` on Ispat industries with a price target of Rs 106 as against current market price of Rs 77 (Dec 14).

This is a short term buy call, and the investors can achieve this target within a period of 4-5 weeks.

The company with huge expansion plans and capital expenditure is growing very sharply. It has big clientele and its strong network is expected to grow exponentially year over year offering sufficient scope for investments.

Therefore, Mr. Gujral recommended ‘Buy’ on the stock with a stop loss of Rs 66 for target of Rs 106. The stock can be purchased around Rs 70. Don’t miss the chance, and make your profit.

If investors have already purchased this stock, they can consider other stocks from the same sector including Vardhman Ind, National Steel and Jai Corporation.