Vijay Chopra of enochventures.com told CNBC-TV18, "Kwality is a very expensive stock. It is a Re 1 paid up stock. So, it is trading at Rs 111, so it becomes 10 times the price. Valuation wise, it is very stressed. Secondly, there was a lot of spooky stuff happening about 4-5 years ago in this counter and it crashed to the levels of about Rs 25-30. So, as far as the faith in the management and the company and the stock is concerned, I would say that I do not have that kind of faith in the company and I would not recommend to stick around for long and one should wait for any kind of rally and exit as soon as possible."
"Market is giving a lot of opportunities today to get into stocks which are quality stocks. The management is good and the growth potential is again, fantastic. The valuations are also very convincing. So, I would say Larsen & Toubro Finance Holdings is a better pick. Equitas Holdings, one can pick into."
"LIC Housing, GIC Housing, Can Fin Homes, there are a plethora of options today in the market today where you can make money and if you are invested with a long term perspective. So, get out of the stock in a rally and invest somewhere else," he added.
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