Good time to exit from Welspun Corp: Devang Visaria, Devangvisaria.com

Devang Visaria, Chief Strategist, Devangvisaria.com, in a chat with ET Now talks about Welspun Corp.

What do you make out of Welspun Corp because these Welspun and Welspun Gujarat, all had a pretty strong trending line for sometime? At what point, then should they be de-held or de-rostered from your portfolio if at all?

Welspun Corp I have not really tracked for a long time but this is as good as anytime to de-roster this stock from a portfolio because if things were to get worse, I am sure about one thing that volumes would tend to drive up on this mid-caps and small caps. It’s better to exit when the going is still good or at least relatively better off. So better to de-roster it from your portfolio right away.