Sell Punj Lloyd, says Avinnash Gorakssakar

Avinnash Gorakssakar, Market Expert told CNBC-TV18, "Punj Lloyd has actually destroyed a lot of wealth and this is very clear that the investor has not made any kind of big money from this stock. I think on an operational level also the company despite having a very large order book, the execution has always been a problem. So, I would believe that there are many other choices in the capital goods sector."

"It is better that one exits the stock and puts the capital somewhere where the capital can earn a decent kind of risk reward ratio," he said.