Partial profit booking recommended for Aster Silicates: Ashish Kapur

In a chat with ET Now, Ashish Kapur, CEO, Invest Shoppe India Ltd., talked about Aster Silicates.

Aster Silicates, would you advise getting out of that stock ASAP today morning?

I think so, I think the way it has gone up its better to take at least part of your profit of the table and wait for the rest. At least partial profit booking is what I would recommend strongly in this counter now.

You would stay invested partially though because trades were a bit sketchy on the opening day, I mean the volumes and the kind of rise that we saw thereof?

I think they would. I would still take part of the profits, stay invested because there could be some more room on the upside and at least a partial profit booking would give me some long side protection, so I would take part of the profits and perhaps just wait and see how long, how much more the upside there is, but at least part profit booking I would immediately like to take.