Hold Alembic, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com recommends holding Alembic.

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "If one is a long-term investor then hold Alembic  because it has seen a very handsome rally, it can now retrace and can consolidate."

At 12:03 hrs Alembic was quoting at Rs 39.40, down Rs 0.85, or 2.11 percent. It has touched an intraday high of Rs 40.80 and an intraday low of Rs 39.20.

Disclosure: Analyst does not have positions in the stock.

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