Hi Diksha, I had bought RVNL on your suggestion and the stock is up more than 25%? Should I book profits?

Interestingly, I am recommending an exit on RVNL or Rail Vikas Nigam today after the sharp move over the last 2 days. As you rightly said the stock is up 26% since the time it was recommended. That is a lot of value in a short time, so you can surely look to book out of the stock. You can hold on to the other positions. Here is a gist of my view.

· RVNL at Rs.34 (CMP-43.10) – Book Profits

Regarding fresh buying, we would ideally wait till this dust over input costs and inflation settles and gives greater clarity on market direction. It is better to stay off and wait for markets to stabilize before rushing into fresh positions.