Hold Intellect Design Arena, says Rajesh Agarwal

Rajesh Agarwal, Director Research at Eastern Financiers told CNBC-TV18, "One should wait for the numbers to come out for the next quarter or so because although Intellect Design Arena is doing well, it has demerged from Polaris, it is doing well but still for standalone numbers to come out would be a prudential time to take a decision on investment call but at this point of time, one should hold on maybe 10 percent from the current market price is quite possible in next week or so. So stay put with that, book your profit, get out of after 10-15 percent jump and wait for next quarter numbers to come out.”

Disclosure: Analyst doesn’t have any holdings in the above stock. His clients or company might be holding any investment or trading positions.