Remain invested in Sun Pharma, says Hemen Kapadia

Hemen Kapadia of KR Choksey Securities told CNBC-TV18, "Sun Pharmaceutical Industries belongs to those breed of superman stocks like Asian Paints, Hero Motocorp and Nestle. It is impervious to normal corrections. On a proper note, we are in an uptrend for the last 16 years and we continue to do so. This hiccup that we saw Rs 800 is decent long-term base now and support; I don’t think that looks like breaking. It is a bit premature but from a longer term point of view it still remains intact. So, I would have a hold on the stock. I don’t see any cause for worry yet."At 14:51 hrs Sun Pharmaceutical Industries was quoting at Rs 933.40, up Rs 6.15, or 0.66 percent on the BSE.The share touched its 52-week high Rs 1,200.70 and 52-week low Rs 821.70 on 07 April, 2015 and 26 September, 2014, respectively.