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Exit Kalindee Rail: Vishal Malkan

Vishal Malkan of malkansview.com is of the view that one may exit Kalindee Rail Nirman (Engineers) and prefer Aurobindo Pharma or Tata Motors.

February 05, 2014 / 14:45 IST
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Vishal Malkan of malkansview.com told CNBC-TV18, "Kalindee Rail Nirman (Engineers) is not one of my favourite counters. It is one day wonder and not liquid also and it is completely into a downtrend. So though today it is up by 10 percent, I would advise to exit at somewhere around Rs 70-75 and get into some better stocks like Aurobindo Pharma and Tata Motors."

At 14:36 hrs Kalindee Rail Nirman (Engineers) was quoting at Rs 68.55, up Rs 5.65, or 8.98 percent.

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The share touched its 52-week high Rs 95 and 52-week low Rs 44.15 on 05 February, 2013 and 28 March, 2013, respectively.

first published: Feb 5, 2014 02:45 pm

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