Hold Kwality, target Rs 135: AK Prabhakar

AK Prabhakar of IDBI Capital told CNBC-TV18, "Kwality is a low margin business. Being in dairy, the earnings before interest, taxes, depreciation and amortisation (EBITDA) margins are about 6 percent, slightly above it.""The long-term investors, can hold, but if it a short-term, then it becomes very difficult. Now I like the stock and I have a hold rating on the stock, the target for which I have Rs 135," he said.