Stay away from Crompton Greaves: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Crompton Greaves is a buying opportunity no doubt, but at this point I would stay away from it, because Crompton can correct sharply, that is the nature of the stock. Between Crompton and Bharat Heavy Electricals (BHEL), BHEL is much better."

At 13:30 hrs Crompton Greaves was quoting at Rs 118.40. It has touched an intraday high of Rs 120.55 and an intraday low of Rs 116.15. The share touched its 52-week high Rs 125.85 and 52-week low Rs 71.70 on 04 January, 2013 and 25 June, 2013, respectively. Currently, it is trading 5.92 percent below its 52-week high and 65.13 percent above its 52-week low. Market capitalisation stands at Rs 7,455.65 crore.