Jul 15, 2013, 04.37 PM | Source: CNBC-TV18
Phani Sekhar, Fund Manager of Angel Broking is of the opinion that one may sell Sintex Industries as the valuations of the company are not very flattering and advises to look for some other stocks.
P Phani Sekhar (more)
, Karvy Stock Broking | Capital Expertise: Equity - Fundamental
"Other than that they have been unable to bring down leverage levels for the last two years consistently shows that not only the macro environment is tough but the kind of businesses that they have got themselves into have very limited bargaining power. On the balance since the valuations are not very flattering, I would say that it is a good idea to book losses and look at some other better stocks, " he added.