HomeNewsBusinessStocksAvoid Tech Mahindra, says Sudarshan Sukhani

Avoid Tech Mahindra, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one may avoid Tech Mahindra.

June 18, 2015 / 16:45 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "On the charts Tech Mahindra is looking very weak. It is hardly a stock we want to buy. Among all the major IT stocks this is the weakest. We don’t do any bottom fishing here, we just avoid it."

On Thursday, Tech Mahindra closed at Rs 541.70, down Rs 8.15, or 1.48 percent. It has touched an intraday high of Rs 554 and an intraday low of Rs 540.

Story continues below Advertisement
first published: Jun 18, 2015 04:45 pm

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!