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Jun 26, 2012, 01.53 PM IST
Sudarshan Sukhani, s2analytics.com is of the view that exit Manappuram Finance at Rs 31-32.
Sukhani told CNBC_TV18, “Manappuram Finance has target of Rs 30. It is difficult to say when it will become Rs 38 but this stock is showing signs of life, its bottoming out. So I don’t know if a 3 month time horizon is enough to justify holding onto it. For 3 months the wisest action would be that the stock is currently rallying. Around Rs 31-32 investor should consider exiting.”
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