Stock analyst Ashwani Gujral is of the view that investors can buy Wire and Wireless (India) for achieving a short term target of Rs 130.

Today (Dec 20), the stock opened at Rs 96.40 after making its closure at Rs 94.25 (on Dec 19). Presently (10:58 am), the stock is hovering around Rs 91.90, down 2.5%, and this is the best time to buy the stock.

The stock will surely achieve the said target within a period of 3-4 weeks. So the investors are suggested not to sell this stock before achieving this target.

On Bombay Stock Exchange, the stock has touched 52-week high of Rs 139.9 and a low of Rs 32. The stock has been performing well based on better results in previous quarter. The fundamentals are too strong and it has robust plans for the future growth in profits.

If investors want some other options for investing in the same segment, they can purchase Sun TV Network, Zee Entertain and Adlabs Films for short or medium term. The media & entertainment section has been performing superbly in the last few months.