Hold Geometric as long as bull markets last: Deepak Mohoni
It is not in a very strong trend upwards, but is going up with the market. Anyone holding on to it may hold on while the bull market lasts. It should have positive returns anyway.
What is the call on Geometric Software?
Geometric does not trade as heavily as many of the other stocks, but nevertheless it started off okay in this bull market. Curiously this is another stock that has gone up from Rs 55 to Rs 70 since March, but overall it is still way below its all-time high which was in 2007 and it is below its recent bull market high of about Rs 87-90. So, it is not in a very strong trend upwards, but is going up with the market. Anyone holding on to it may hold on while the bull market lasts. It should have positive returns anyway.
Download ET Markets APP