GVK Power can go up to 14-15 levels: Vijay Bhambwani
There may be a tradable bounce in the stock but it is certainly not a portfolio stock at this point in time.
ET Now: What is your call on GVK Power?
Vijay Bhambwani: It is hard to ignore the slide that all of the stocks in the space have witnessed. So, this is a pullback which is event based or news based and therefore unlikely to sustain over a long period of time. I would give GVK Power a maximum upside potential today of 14 to 15 bucks. At that level, there would be profit taking coming in. So there may be a tradable bounce but it is certainly not a portfolio stock at this point in time.
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