Exit Educomp Solutions, says Jagannadham Thununguntla

Jagannadham Thununguntla, Strategist & Head of Research at SMC Global Securities Limited told CNBC-TV18, "It absolutely makes sense to exit Educomp Solutions. The biggest problem of Educomp is that it is not even giving opportunity to traders and investors to exit with continuous lower levels."

"Today may be an exception with upper circuit. Take this opportunity to exit. Many sunrise companies like Suzlon Energy, Educomp and GMR, GVK, Lanco all are in sunset. So accept the mistakes and move on, be with the frontline companies. They may take time to give you rewards but there is a higher chance for you to get the rewards," says Thununguntla.