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HCC has support at Rs 69: Manghnani

Published on Fri, Jul 04 at 10:36 , Updated at Fri, Jul 04 at 12:34
Source : CNBC-TV18

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Anil Manghnani of Modern Shares & Stock Brokers is of the view that Hindustan Construction Company, HCC has support at Rs 69.

Manghnani told CNBC-TV18, "Indian Hotels is already in a bear market. This stock didn’t even perform in the bull runs, so I would not pay too much of attention to yesterdays move."

He further added, "Hindustan Construction is a very beaten down stock and is a major support around the Rs 69 mark, so I think its bouncing from there. It’s a trading bounce and nothing to look into it but if you are holding, maybe you can hold right now the stock below Rs 69."

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Hindustan Construction Company Ltd has informed BSE that the Company have designated a separate e-mail ID as secret...

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in Hind Constr - souravkundu at 15-Aug-08 01:13

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