Illiquidity a concern for STC: Deepak Mohoni

Deepak Mohoni, Director, trendwatchindia.com in an interview with ET Now talks about STC.

What do you make out the charts for STC at the moment?

I could translate your question into can these stocks do an NMDC and if you look at the past volatility, they can because STC has fallen from 900 to Rs 80, that is quite fall more than 90% within a span of less than a year, Hindustan Copper has done the same, they have both rallied back very strongly too, so there is no question about that. These are so illiquid that it is like squeezing toothpaste out of a tube but the vulnerability does remain and at a time of the issue, some better management may be needed to ensure that this does not happen.