Prefer Arvind over Alok Industries: Sukhani

Sudarshan Sukhani, s2analytics.com said he would put his money in Arvind rather than in Alok Industries.

Sukhani told CNBC-TV18, "I have looked at smaller movers like Alok Industries, S Kumars Nationwide and Sintex Industries but we don't buy them, it is not a good idea. Some of these stocks have literally become penny stocks. We have to understand the reason why they became penny stocks. These rallies will come but if we put our money in them we will be in deep trouble."

"I'll give you a contrast, in sharp contrast to Alok, we have Arvind which has been doing the right things and rallying. So I would much rather put my money in Arvind rather than in Alok which I would not touch at all."