Sudarshan Sukhani of s2analytics.com recommends holding Alembic.
Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "If one is a long-term investor then hold Alembic because it has seen a very handsome rally, it can now retrace and can consolidate."
At 12:03 hrs Alembic was quoting at Rs 39.40, down Rs 0.85, or 2.11 percent. It has touched an intraday high of Rs 40.80 and an intraday low of Rs 39.20.
Disclosure: Analyst does not have positions in the stock.