Switch out of Piramal: Deepak Mohoni
It is not a good move at all. When a stock goes down 8%, it is difficult to be optimistic about it bouncing back like that.
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| Updated: Deepak Mohoni, Director, trendwatchindia.com, in an interview with ET Now gives his views on Piramal Healthcare
What is the call on Piramal Healthcare?
It is not a good move at all. When a stock goes down 8%, it is difficult to be optimistic about it bouncing back like that. So it is better to switch out of Piramal. It was making a pretty decent move since the middle of March but that move has been completely killed by the days'crash. So if somebody wants the pharma exposure, now there are plenty of other alternatives anyway.
What is the call on Piramal Healthcare?
It is not a good move at all. When a stock goes down 8%, it is difficult to be optimistic about it bouncing back like that. So it is better to switch out of Piramal. It was making a pretty decent move since the middle of March but that move has been completely killed by the days'crash. So if somebody wants the pharma exposure, now there are plenty of other alternatives anyway.
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