Stay invested in Sun Pharma: Phani Sekhar

Dec 30, 2013, 06.11 PM IST

Phani Sekhar of Angel Broking advises to hold on Sun Pharmaceutical Industries.

Tags  Phani Sekhar of Angel Broking, Sun Pharma

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Stay invested in Sun Pharma: Phani Sekhar

Phani Sekhar of Angel Broking advises to hold on Sun Pharmaceutical Industries.

Like this story, share it with millions of investors on M3

Stay invested in Sun Pharma: Phani Sekhar

Phani Sekhar of Angel Broking advises to hold on Sun Pharmaceutical Industries.

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Phani Sekhar of Angel Broking told CNBC-TV18, "The investor can continue to hold on  Sun Pharmaceutical Industries because I don't see any red flags except for the valuations being expensive. However, as long as the performance is good I don't see even that as much of a problem."

"More importantly 2014 is most likely to be a year in which Sun Pharma kind of businesses will attract a lot of investors. Since the performance also continues to be promising especially from the export front, I guess it will be a good idea for the investor to keep holding on," he added.

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