KRBL good for short to medium term investment: Deepak Mohoni

Deepak Mohoni, Director, trendwatchindia.com, in a chat with ET Now talks about KRBL.

What would you do with KRBL?

KRBL itself is looking quite strong at the moment. It is at a lifetime high. It is finishing towards the top of the sessions price. So I think it may be good for a sort of a short to medium term investment.

Reason for not bringing it into long terms is two reasons, one is it’s a low price stock. These tend to correct quite a lot when market goes adverse and secondly it’s not usually that heavily traded. It has been attracting a bit of trading last week or so. So I would say short to medium term promising enough.