Exit Prakash Industries, advises Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can get out of Prakash Industries.

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, " Prakash Industries has been in the news for all the wrong reasons. It broke its support levels. One should get out. There is no sense in staying in stocks which are being influenced by news. There are so many blue chips opportunities like banks, IT and pharmaceutical stocks, go with the big names."

At 14:04 hrs Prakash Industries was quoting at Rs 69.75, up Rs 1.60, or 2.35 percent. It has touched an intraday high of Rs 70.50 and an intraday low of Rs 67.60.

Disclosure: Analyst does not have any positions in the stock.

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