Hold Divis Laboratories for long term: Prakash Gaba

Prakash Gaba of prakashgaba.com told CNBC-TV18, "Divis Laboratories is weak technically. There is no strength in it. Short-term investor can exit. But if you are a long-term investor, continue holding it. Downside is limited. Rs 550 is a very strong support zone on Divis. So if it comes to Rs 550, buy more, if it doesn’t come, just continue holding it."

Divis Laboratories ended at Rs 639.95, down Rs 9, or 1.39 percent on the BSE.