Gaurang Shah positive on Gujarat State Petronet

Gaurang Shah, Head Investment Strategist at Geojit BNP Paribas told CNBC-TV18, "One of the most important rules is that when you are in need of money you should not be greedy because in stock market there is no surety. So if one is in want of money, my advice would be to take money off the table but having said that from a long-term point of view, we are extremely positive about Gujarat State Petronet (GSPL) and very recently upgraded our coverage on the stock."We are more optimistic on the policies that the government is putting out as far as the alternative fuel is concerned and with that perspective in mind GSPL (India) has got miles to go from here, in case if the investor has to change his/her time horizon from short-term, medium-term to long-term," he added.