Prashant Tapse, financial analyst at Mehta Equities and Kush Bohra from kushbohra.com both recommended to investors holding stake in Multi Commodity Exchange to book profits.
"The way the stock has rallied in the recent one or two months, I think considering the lower earnings and rise in prices, it is a profit booking opportunity for someone who is holding," Tapse said.
Kush Bohra saw a positive trend but with overheated territories with momentum going up to Rs 8,000 levels in coming months. He suggested holding the stock with partial profit booking.
