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Exit DLF, says Hemen Kapadia

Hemen Kapadia, VP at KR Choksey Securities is of the view that one may exit DLF on bounce.

October 16, 2014 / 15:03 IST
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Hemen Kapadia, VP at KR Choksey Securities told CNBC-TV18, "DLF has posted fresh all time low. It has been in downturn for multiple years. Few attempts in the past have turned out to be false alarm, so I am not sure it is a very good idea to trade the stock. If there is another Rs 5 bounce from here then one needs to exist."

At 14:46 hrs DLF was quoting at Rs 108.35, up Rs 3.40, or 3.24 percent. It has touched a 52-week low of Rs 100.

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first published: Oct 16, 2014 03:03 pm

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