I HV sunpharma.pls suggest me.

I bought 50 shares of sunpharma at the rate 910. Should I average it or sell it now. Pls tell me.any pharma stock for long term.suggest me

 

Sun pharma valuations are too high. Why do you guys buy at such a high valuations and get locked !!!

 

Thanks.pls tell some pharma stock which are available cheap at valuation.

 

Sun pharma is best stock... U can buy it on dips ... Its short term issue only... When they resolve it, they can unlock the potential of ranbaxy integration... Then the stock price will go higher.. Never get distressed for short term issues... Fundamentals are intact..

 

Definitely, dont panic and sell. Sun Pharma story is going to be one true global pharma co. coming out of India. SP is still much cheaper than its counterparts in valuation terms in US market. Hold with conviction. You will see 1200 within 1 year from now.