Avoid Zandu: Deepak Mohoni

Zandu has been sideways for 3-4 months but I would not say that's a good enough reason to get into it.

In a chat with ET Now, Deepak Mohoni, director, trendwatchindia, talks about the outlook of Zandu.

What are your thoughts on Zandu?

Zandu is a stock to avoid now because it had that great run-up till 2008 and after that it has really been making lower tops and falling quite sharply. Now it has been sideways for 3-4 months but I would not say that's a good enough reason to get into it.
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