Invest in Sharda Chropchem from a long-term perspective: Sudip Bandyopadhyay

In a chat with ET Now, Sudip Bandyopadhyay, President, Destimoney Securities Pvt Ltd, shares his views on Sharda Chrochem and Shemaroo. Excerpts:

ET Now: On the charts Sharda Cropchem and Shemaroo?

Sudip Bandyopadhyay: We had very clear view. We like Sharda and we have not recommended Shemaroo in our views have been kind of proven right. We did not find much opportunity of appreciation post listing in Shemaroo. It was almost fully priced and we believe that it will remain in the same range for quite some time unless there are major corporate events in that counter but as far as Sharda is concerned it is a good story. Of course, it has gone up quite a bit already but still for a long term investor entry even at current level is not a bad idea.