Sell Crompton Greaves, says Gopi Suvanam

Gopi Suvanam, Founder of InvestWorks told CNBC-TV18, "In general there is an uptrend in midcaps but I would not build a big position in capital goods at the moment. I would avoid Crompton Greaves, Thermax but maybe move to some other midcaps in fast moving consumer goods (FMCG) space or even in technology space. I think it is a good time to sell Crompton Greaves if you are holding."

At 13:57 hrs Crompton Greaves was quoting at Rs 108.25, up Rs 5.90, or 5.76 percent.

The share touched its 52-week high Rs 136.80 and 52-week low Rs 71.70 on 26 December, 2013 and 25 June, 2013, respectively.

Disclosure: Analyst holds some RIL shares.