DQ Entertainment unlikely to do very well: Deepak Mohoni

Deepak Mohoni, Director, trendwatchindia.com, in a chat with ET Now talks about DQ Entertainment.

What is your take on DQ Entertainment?

DQ is unfortunately pretty close to its all-time low, which is not really long back because it was only listed about an year ago. So it’s closing into 85. It has to be seen whether buyers return as they did in April-May around that time.

But the longer, medium-term trend in this stock is down. So not really very much going for this stock and market conditions are pretty adverse. So unless they are really popular stocks or defensives, they are not going to be doing very well.