Exit Aksh Optifibre on upside: Gaurang Shah

Published on Wed, Sep 05, 2007 at 14:11 |  Source : Moneycontrol.com

Updated at Wed, Sep 05, 2007 at 15:55  

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Gaurang Shah, ., Geojit Financial Services

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Gaurang Shah of Geojit Financial Services is of the view that one can exit Aksh Optifibre on upside.

Shah told CNBC-TV18, "One needs to be a little bit careful when it goes into investing and rather those small caps stocks, which have been languishing at lower levels for a very long time of course Aksh Optifibre management was quite vocal about various plans that they have going forward but any kind of upside maybe possibly form a short term point of view should be used to exit. It has got wide range of products and it has got good manufacturing facilities but keeping all this thing in mind given the fact that the kind of track record that it has got I would definitely advise all kind of upsides to be possibly book profits and I don't think this particular stock would be an investment philosophy going forward."

  

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