Hold Stride Arcolab, says Mohindar

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Hold Stride Arcolab, says Mohindar

Hold Stride Arcolab, says Rahul Mohindar of Viratechindia.

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Excerpts from Your Stocks on CNBC-TV18 Watch the full show » ALSO READ See previous views by Rahul Mohindar See what other Experts & Brokerages are saying about Strides Arcolab See messages about Strides Arcolab Strides Arcolab BSE | NSE 17/02/12 Are Mutual Funds betting on Strides Arcolab?

Hold Stride Arcolab , says Rahul Mohindar of Viratechindia.

Mohindar told CNBC-TV18, " Lupin and Strides Arcolab still look good. Strides has run up to a quite a good degree. The question is at these levels I think there is about 5-7% left and that is why you probably want to start taking some profits, so I won't really say that go out and buy Strides at these levels. If you are already in it, it is purely a hold for a short term play."

At 2:30 pm, Stride Arcolab was quoting at Rs 292.70, down Rs 17.8, or 5.73% with volumes of 301,096 shares. Currently it is 382.61% above the 52-week low of Rs 60.65.