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Sell Jaiprakash Power, advises Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com recommends selling Jaiprakash Power as one may not see big gains coming in the next two months.

August 23, 2013 / 13:06 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "If I was holding a share like Jaiprakash Power I would get out now and take my loss, that is the call one has to take. I don't see big gains coming in the next two months."

At 12:38 hrs Jaiprakash Power Ventures was quoting at Rs 13.05, up Rs 0.01, or 0.08 percent. It has touched an intraday high of Rs 13.55 and an intraday low of Rs 12.87.

The share touched its 52-week high Rs 46.90 and 52-week low Rs 8.55 on 11 December, 2012 and 02 August, 2013, respectively. Currently, it is trading 72.17 percent below its 52-week high and 52.63 percent above its 52-week low. Market capitalisation stands at Rs 3,834.09 crore.

first published: Aug 23, 2013 01:06 pm

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