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Exit Dwarikesh Sugar Industries at around Rs 68-70: Vijay Chopra

Vijay Chopra of enochventures.com is of the view that one may exit Dwarikesh Sugar Industries at around Rs 68-70.

August 24, 2017 / 16:05 IST
9. Vishwaraj Sugar Industries: Listed on October 15, 2019 on the BSE and NSE, the stock has returned 33 percent so far. It had an issue size of Rs 60 crore. (Representative Image Source: Reuters)
9. Vishwaraj Sugar Industries: Listed on October 15, 2019 on the BSE and NSE, the stock has returned 33 percent so far. It had an issue size of Rs 60 crore. (Representative Image Source: Reuters)

Vijay Chopra of enochventures.com told CNBC-TV18, "Dwarikesh Sugar Industries has run up quite beautifully and I think that it still has the potential of going up to maybe Rs 68-70 odd and then you should probably exit."

"In the sugar space only one can probably pick up stocks which have not seen a run up probably a Shree Renuka Sugars where some positive developments are happening. So hold on for some time, at Rs 68-70 one can exit. And if you want to flip into another sugar stock, Renuka would be my recommendation," he added.

first published: Aug 24, 2017 03:40 pm

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