Keep away from Glodyne: Ashwani Gujral

In a chat with ET Now, Ashwani Gujral, Fund Manager, Ashwanigujral.com shares his views about Glodyne.

Glodyne on the charts, 225 to almost 325 currently in a matter of two or three weeks?

Glodyne, it has moved up vertically from levels of 212 to about 328. My general advice is from 750 this stock will drop to 200. I am not too convinced on most of these stocks because on most times these things have low volumes and suddenly some things happens and the volumes go up three times, four times.

My advice is to keep away but if you still want to go in, then probably 400 to about 405 is a good target on Glodyne.