Buy Indraprastha Gas 380 Call: VK Sharma

According to VK Sharma of HDFC Securities, one may buy Indraprastha Gas 380 Call.

VK Sharma of HDFC Securities told CNBC-TV18, "In  Indraprastha Gas (IGL) I am suggesting buying 380 Call and all what I am suggesting is for September buy the 380 at around Rs 10, stoploss at Rs 7 and hope to sell this minimum at around Rs 18."

At 12:06 hrs Indraprastha Gas was quoting at Rs 380.95, up Rs 6.50, or 1.74 percent.

The share touched its 52-week high Rs 393.70 and 52-week low Rs 236 on 04 August, 2014 and 28 August, 2013, respectively.

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