Hold Lanco Industries: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Lanco Industries is not a very liquid stock. However, the charts do suggest that it is coming out of a long base, almost similar to Rashtriya Chemicals and Fertilisers (RCF). At this point, I would suggest holding on. This is a good season for midcaps. In the next six months one may see higher prices."

At 11:55 hrs Lanco Industries was quoting at Rs 77.30, up Rs 11.35, or 17.21 percent. It has touched a 52-week high of Rs 77.90.