Moneycontrol PRO
HomeNewsBusinessStocksSell Orchid Pharma on rally, says Vijay Chopra

Sell Orchid Pharma on rally, says Vijay Chopra

Vijay Chopra of enochventures.com advises selling Orchid Pharma.

April 07, 2017 / 16:00 IST

Vijay Chopra of enochventures.com told CNBC-TV18, "Fundamentally speaking I looked at the balance sheet of Orchid Pharma and it is stressed. I would say that there are better opportunities in the pharma space if somebody wants to buy into those stocks. Wockhardt looks much better structurally and according to the balance sheet also one can get into the stock at this point of time."

"Even Sun Pharmaceutical looks good but stock like Orchid Pharma I would suggest that one should get out on rallies as soon as possible because its balance sheets are stressed and I would say that it is not a good idea to stay in that stock, so better get out and get into some better story," he added.

first published: Apr 7, 2017 03:46 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347