Hold Jindal Steel & Power, says Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "If one is a long-term investor then one should hold on Jindal Steel & Power (JSPL). The stock is now bottoming out. Maybe it has seen the worst of its declines and that maybe behind it.”

At 12:25 hrs Jindal Steel & Power was quoting at Rs 146.65, up Rs 0.80, or 0.55 percent.

The share touched its 52-week high Rs 350 and 52-week low Rs 125.05 on 09 June, 2014 and 17 December, 2014, respectively.

Disclosure: Analyst doesn't has positions in the above stock.