Stay away from Mahindra Gesco, IVRCL Infra

Published on Wed, May 24, 2006 at 15:41 |  Source : Moneycontrol.com

Updated at Wed, May 24, 2006 at 17:50  

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Technical Analyst, Deepak Mohoni is of the view that one should stay away from Mahindra Gesco , IVRCL Infrastructure and Projects .

Mohoni told CNBC-TV18, "Mahindra Gesco showed that it can hit lower circuits during this decline. It is vulnerable to any market fall. That is a little bit of a dodgy stock. IVRCL has also shown that vulnerability, it has declined much more in percentage terms than most other stocks. Both these stocks are ignorable."

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