Hold Mcleod Russel, advises Hemen Kapadia

Hemen Kapadia of KRChoksey Securities told CNBC-TV18, "Mcleod Russel is one of the weaker stocks. I do not think there is rocket science for that. We posted fresh 5-year low but having said that we are deeply oversold. We are set for a small recovery, so from a near term point of view I would suggest a hold with a stop loss of Rs 144."At 11:33 hrs Mcleod Russel (India) was quoting at Rs 150.80, up Rs 1.65, or 1.11 percent. It has touched an intraday high of Rs 152.35 and an intraday low of Rs 145.