Nooresh Merani of AMSEC told CNBC-TV18, "Technically there is no reason to be in Gitanjali Gems given the huge fall over the last three-four months, so at current levels you can be better of fexiting the stock and getting into something better."
The share touched its 52-week high Rs 649.50 and 52-week low Rs 50.45 on 23 April, 2013 and 30 September, 2013, respectively and trading 91.77 percent below its 52-week high and 5.95 percent above its 52-week low.
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