Venky's India a weak stock: Deepak Mohoni
Pune stocks are actually doing a lot better whereas Venky’s is still very much there with a low of about Rs. 360.
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| Updated: In a chat with ET Now, Deepak Mohoni, Director, trendwatchindia.com, shares his views about Venky’s India.
On the charts Venky’s India?
I supposed so but the other Pune stocks are actually doing a lot better. They have moved up considerably above their September to December lows whereas Venky’s is still very much there with a low of about Rs. 360.
It has not moved up much from there. You take most of the other stocks in the market not just Pune, they are all up about 20%-30% at least, so this stock is right now quite a laggard.
On the charts Venky’s India?
I supposed so but the other Pune stocks are actually doing a lot better. They have moved up considerably above their September to December lows whereas Venky’s is still very much there with a low of about Rs. 360.
It has not moved up much from there. You take most of the other stocks in the market not just Pune, they are all up about 20%-30% at least, so this stock is right now quite a laggard.
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