Sell Ranbaxy Laboratories on rally: Nooresh Merani

Nooresh Merani of AMSEC Research told CNBC-TV18, "One may exit from Ranbaxy Laboratories on rallies."

At 14:08 hrs Ranbaxy Laboratories was quoting at Rs 328.40, down Rs 128.85, or 28.18 percent.

The share touched its 52-week high Rs 559.95 and 52-week low Rs 253.95 on 14 September, 2012 and 02 August, 2013, respectively.

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