PRAKASH DIWAN, PRAKASH DIWAN'S WEALTH CIRCLE IS OF THE VIEW THAT ONE CAN EXIT RELIANCE POWER, KINGFISHER AIRLINES.
Prakash Diwan, Prakash Diwan's Wealth Circle is of the view that one can exit Reliance Power, Kingfisher Airlines.
Diwan told CNBC-TV18, “Exit Reliance Power, the stock is really not much to look forward to. Get into some other sector, power is in the downside now. I would probably recommend if one looks at moving out of power and maybe get into telecom or something maybe Bharti Airtel at these current valuations.”
He further added, “There is really not much that one can do in terms of waiting further and expecting to make any kind of money in Kingfisher Airlines . It is best to get out as soon as it is possible. Get whatever money one can recover, utilize it somewhere else but not live in hope forever.”
06/09/2012 : moneycontrol.com
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