GMDC is looking good, keep a stop of 180-185: Ashwani Gujral, Ashwanigujral.com

In a chat with ET NOW, Ashwani Gujral, Fund Manager, Ashwanigujral.com, talks about GMDC.

On the charts GMDC and Dredging Corp?

These are low volume type stocks and often there are rumours that some divestment is going to happen, etc. If you look at them from a longer term view they basically never really move so keep away from Dredging, and you have a whole list of them but yes GMDC is looking good and chances are it will move towards 245-250, keep a stop about 180-185. The rest of the stocks like ITI, HMT these stocks they move because of the market so you would not like to venture into those groups.