Even on valuation parameters, we see it is trading at price to book of 1.2 times and PE of less than 10. In a chat with ET Now Rajesh Agarwal , Head of Research, AUM Capital, says recommends Aditya Birla Nuovo In the medium term horizon, from six to nine months. We believe that the kind of diversified business this company is into, being in from Aditya Birla Group is a plus point. We recommend this stock for a medium term horizon, say from six to nine months.The second stock we would like to recommend is Force Motors . One can invest in the stock for a time horizon of six to nine months.

Source: Economic Times August 02, 2016 11:03 UTC