Buy Sun Pharma, says Ambareesh Baliga

Market Expert, Ambareesh Baliga is of the view that one may buy Sun Pharmaceutical Industries.

Market Expert, Ambareesh Baliga told CNBC-TV18, " Sun Pharmaceutical Industries is still a hold. This is what I had said just about three days back when wherever there are regulatory issues with any pharma company, any of the better known names that is surely a time to buy. Sun Pharma had that issue last week and because of that we saw a correction and that was possibly an opportunity to buy."

At 11:40 hrs Sun Pharmaceutical Industries was quoting at Rs 810, up Rs 17.70, or 2.23 percent.

The share touched its 52-week high Rs 877.40 and 52-week low Rs 553.70 on 03 September, 2014 and 18 September, 2013, respectively.

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