HomeNewsBusinessStocksShort Ranbaxy Laboratories: Sudarshan Sukhani

Short Ranbaxy Laboratories: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com recommends selling Ranbaxy Laboratories but with every decline short selling becomes a risk.

June 18, 2013 / 17:54 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "With every decline, the short selling becomes little more risk prone because Ranbaxy Laboratories is in a free fall. So we cannot even say, okay, it is going to find support here. There is no support. So for somebody who is willing to take some kind of a risk, Ranbaxy Laboratories continues to be a short selling idea."

Also Read: Ranbaxy slumps to near 4-year low; rupee to add to injury
first published: Jun 18, 2013 05:54 pm

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