HomeNewsBusinessStocksStay invesetd in Siemens, says Prakash Gaba

Stay invesetd in Siemens, says Prakash Gaba

Prakash Gaba of prakashgaba.com is of the view that one may stay invested in Siemens.

November 20, 2017 / 15:39 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Prakash Gaba of prakashgaba.com told CNBC-TV18, "The basic structure of Siemens is still positive, only thing is it is in a corrective mode. Possible we could see a slide, a slide maybe to around Rs 1,018-1,020 zones. That is the place to add. A) Don’t sell, hold, and B) add."

At 15:26 hrs Siemens was quoting at Rs 1,183.00, down Rs 8.90, or 0.75 percent.

Story continues below Advertisement

The share touched its 52-week high Rs 1,470.00 and 52-week low Rs 1,026.00 on 31 July, 2017 and 24 November, 2016, respectively.

Currently, it is trading 19.52 percent below its 52-week high and 15.3 percent above its 52-week low.

CNBC-TV18
first published: Nov 20, 2017 03:34 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!