Exit IRB Infrastructure, says Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "The problem here is that IRB Infrastructure Developers has been range bound since middle of 2014. It is more than two years now that the Rs 210 to about Rs 270, sometimes it went up to Rs 280-290 and that is about it.""If a stock that has distributed for about 2.5 years and after that it faces rough weather then this is expected that this would fall. My view is one should exit and wait to enter a lower levels. That lower level could be Rs 150 or it could be even Rs 125 because the kind of fall that it can experience could be pretty severe," he said.