Sudarshan Sukhani of s2analytics.com told CNBC-TV18, “We have been down beat on Orbit Corp & Hindustan Oil Exploration Company (HOEC) for a long time now. The stocks are becoming something like Suzlon. There are no technical now so personally I would suggest that they are untradeable, they are not in the F&O either - it is best to avoid them and leave them alone."
On June 3, Orbit Corporation closed at Rs 15.80, down Rs 3.55, or 18.35 percent. It has touched a 52-week low of Rs 15.50.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
