Exit Praj Industries, says Rajesh Agarwal

Rajesh Agarwal of AUM Capital told CNBC-TV18, "If I look at the numbers of Praj Industries, I don’t think the numbers are to exciting to hold this stock in my portfolio. There are good news on the ethanol front, other business are doing well, Rs 960 odd crore order book. However, if I look at the valuation at Rs 25 price to earnings (P/E) I don’t think there is much of upside left in this stock on the fundamentals side.""I would say book your profit and get out of the stock. Switch to some other stocks which are available. The market is on a run, so you have whole host of midcap been there," he added.