Stay invested in GMDC, says Vijay Chopra

Vijay Chopra of enochventures.com told CNBC-TV18, "There is huge value in Gujarat Mineral Development Corporation (GMDC) although the stock has been sliding due to the turmoil across the world and all the minerals and metal companies have had a rough weather in the last one-one-and-a-half year but I think that if you look at the stock and the charts, the book value is Rs 109."He further added, "It is a zero debt company, the results have been good and if somebody wants to buy it with a two-three year perspective, I am sure the stock has a capacity of even doubling from here. So definitely a hold from my side. There is great value on this stock."