Stay away from Gujarat Sidhee Cement: Sukhani

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Stay away from Gujarat Sidhee Cement: Sukhani

Gujarat Sidhee Cement has moved dramatically today. It is not known whether anyone except for somebody who just take sort of a lottery and win. Anyone else cannot go in this stock, so it’s best to stay away, says Technical Analyst, Sudarshan Sukhani.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See previous views by Sudarshan Sukhani See what other Experts & Brokerages are saying about Guj Sidhee Cem See messages about Guj Sidhee Cem Guj Sidhee Cem BSE | NSE 01/06/12 Are Mutual Funds betting on Guj Sidhee Cem?

Gujarat Sidhee Cement has moved dramatically today. It is not known whether anyone except for somebody who just take sort of a lottery and win. Anyone else cannot go in this stock, so it's best to stay away, says Technical Analyst, Sudarshan Sukhani .

Sukhani told CNBC-TV18, "Gujarat Sidhee Cement has moved dramatically today. Its so low cost, it is not known whether anyone except for somebody who just take sort of a lottery and win. Anyone else cannot go in this stock, so it's best to stay away."

Gujarat Sidhee Cememts touched an intraday high of Rs 15.09 and an intraday low of Rs 14.40. At 14:07 hrs the share was quoting at Rs 14.60, up Rs 0.60, or 4.29%. It was trading with volumes of 946,287 shares. Yesterday the share closed up 0.86% or Rs 0.12 at Rs 14.