BL Kashyap not attractive: Deepak Mohoni, trendwatchindia.com

Deepak Mohoni, Director, trendwatchindia.com, in a chat with ET Now talks about BL Kashyap.

There was some activity seen in BL Kshayap today. What is your take on it?

If you look at the BL Kashyap kind of stock, it has been sideways now for over a year. It is somewhere between 300 and 500, for a year it is not such a small range either. So it is not really trending very much in either direction and this is way below its peak, which it reached in 2007 that was over Rs 2000. So there is nothing terribly attractive about it.

If you get a move like today’s, I would see more of a short-term demand in this stock, not enough to get into.