Exit NALCO, prefer Voltas: Kunal Saraogi

Kunal Saraogi, CEO at Equityrush told CNBC-TV18, "National Aluminium Company (NALCO) has had a big run already and we have seen the stock getting from about Rs 82 levels to almost Rs 104-105 levels in a very less amount of time. The stock is beginning to consolidate and my sense would be that you would be better-off if you take profits in case you have got any and move on to something qualitatively better. A good switch can be Voltas, which has got a much better chart trajectory than NALCO does. So at these levels one would better-off exiting NALCO and getting into Voltas or Crompton Greaves."

At 15:19 hrs Voltas was quoting at Rs 276.10, up Rs 6.05, or 2.24 percent.

The share touched its 52-week high Rs 286.50 and 52-week low Rs 93.80 on 24 November, 2014 and 25 November, 2013, respectively.