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Sell GVK Power, says Hemen Kapadia

Hemen Kapadia of KRChoksey Securities advises selling GVK Power.

March 03, 2016 / 16:15 IST
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Hemen Kapadia of KRChoksey Securities told CNBC-TV18, "One needs to exit from GVK Power because 9 years and counting the stock has gone nowhere and being oversold doesn’t mean that there is going to be follow a market action. It can remain oversold for months, so nothing seems to suggest there is a technical revival close at end. So, I would say a sell."GVK Power & Infrastructure ended at Rs 6.88, up Rs 0.14, or 2.08 percent.

first published: Mar 3, 2016 04:08 pm

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