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Hold Inox Wind, says Ashu Madan

Ashu Madan of Religare Securities is of the view that one may hold Inox Wind.

November 30, 2015 / 15:48 IST
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Ashu Madan of Religare Securities told CNBC-TV18, "Inox Wind is a good hold if somebody wants to hold. It is a low volume scrip, not great fundamentals, though they have decent order book in hand, lesser than the previous year, so all put together I would not say that if somebody is not holding this stock, why should somebody zero in on this stock.""So probably somebody is holding then I would say one can hold this stock and probably can sell at a higher level but fresh entry I would reserve rather I would like to shift to some other stock if somebody has not bought. So I am not too keen on buying this stock as a recommendation," he said.

first published: Nov 30, 2015 03:48 pm

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