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Sell GVK Power on rise: Shardul Kulkarni

Shardul Kulkarni of Angel Broking recommends selling GVK Power & Infrastructure on rise and prefer the company where the chances of revival are far higher.

August 13, 2013 / 14:05 IST
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Shardul Kulkarni of Angel Broking told CNBC-TV18, "GVK Power & Infrastructure can move towards Rs 9-9.5 over the next few trading sessions but essentially the weekly as well as the monthly charts are extremely poor. I don't think the price of Rs 14 will come soon."

"It would be better to switch into better company where the chances of revival are far higher. It would be best to move out from this counter on every rise towards Rs 9.5," he added. Also Read: Power biz a concern, airport division promising: GVK Power  
first published: Aug 13, 2013 02:05 pm

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