The brokerage is optimistic on the sector, driven by its strong tender pipeline, softening commodity prices and expectation of good order-inflow growth.
Time period given by analyst is 3 months when Tata Communications price can reach defined target. ICICI Direct recommended to keep stop loss at Rs 1212.
V-Guard Industries, incorporated in the year 1996, is a Mid Cap company (having a market cap of Rs 11705.01 Crore) operating in Consumer Durables sector.
Dr. Reddy's Laboratories, incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 74985.72 Crore) operating in Pharmaceuticals sector.