Vishal Malkan of malkansview.com told CNBC-TV18, "There is something which is forming, bottom formation have been there on the cards on all power stocks be it GVK Power & Infrastructure, Adani Power, Reliance Power. So, I guess something is coming up in the next three-six months on the power sector and definitely hold GVK Power and see good returns around Rs 14-15 in the next six-eight months. So, definitely hold on this stock at these levels."
GVK Power touched its 52-week high Rs 20.85 and 52-week low Rs 7.75 on 26 May, 2014 and 25 March, 2015, respectively.
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