Gujral told CNBC-TV18, "Sona Koyo Steering Systems is a bit of nothing stock for many months or even years. It has traded between Rs 16.50 and Rs 24. Something tends to happen at Rs 24 because of which it collapses. So if anybody wants to buy it Rs 16.50 is the kind of price you buy it at, take your Rs 3-4 and then probably get out."
Sona Koyo Steering Systems has touched an intraday high of Rs 21.25 and an intraday low of Rs 20.10. At 13:23 hrs the share was quoting at Rs 20.35, down Rs 0.05, or 0.25%. It was trading with volumes of 565,015 shares. Yesterday the share closed down 10.53% or Rs 2.40 at Rs 20.40.
