Stay invested in Taj GVK Hotels, says Prakash Gaba

Prakash Gaba of prakashgaba.com told CNBC-TV18, "Basic structure of Taj GVK is positive. One must just continue holding it. Strong support in the vicinity of Rs 160. Where it goes from here? It is difficult to say. It is better to hold it, downside seems to be limited on Taj GVK."

At 15:16 hrs Taj GVK Hotels & Resorts was quoting at Rs 167.45, up Rs 2.45, or 1.48 percent.

The share touched its 52-week high Rs 202.50 and 52-week low Rs 125.10 on 23 January, 2018 and 08 March, 2017, respectively.

Currently, it is trading 17.31 percent below its 52-week high and 33.85 percent above its 52-week low.