Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Divis Laboratories has rallied. It had a large one day rally and the stock consolidated after that. That consolidation is over and the rally has resumed."
"We are just buying when a new breakout is occurring. I would say that it is a nice stock to be in on the long side. It would be defensive which is what the market likes now," he said.
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