Remain invested in GVK Power: Prakash Gaba

Prakash Gaba of prakashgaba.com told CNBC-TV18, "In GVK Power keep a stoploss at Rs 11 and continue holding it. It can climb to Rs 17 or so. If it goes up, the exit but if it goes up by a Re 1 move your stop by Re 1. Chase it with a trailing stop of Re 1. Exit at the first sign of weakness."

At 15:04 hrs GVK Power & Infrastructure was quoting at Rs 12.03, up Rs 0.57, or 4.97 percent on the BSE.

The share touched its 52-week high Rs 13.90 and 52-week low Rs 5.42 on 18 August, 2017 and 25 May, 2017, respectively.