Atlanta has intraday target of Rs 78-75: Diwan

Published on Fri, Jun 17, 2011 at 13:15 |  Source : CNBC-TV18

Updated at Fri, Jun 17, 2011 at 15:27  

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Atlanta has intraday target of Rs 78-75: Diwan

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Atlanta has intraday target of Rs 78-75, says Prakash Diwan, Networth Stock Broking.

Diwan told CNBC TV18, "The stock to add in the portfolio is Atlanta from the EPC space, given the fact that interest rates are likely to inhibit a lot of fresh BOT business growth. The existing players are likely to benefit much more, especially the ones which are already cash positive and some of the BOT portfolios."

He further added, "Atlanta, again fairly strong player on the BOT side and has been cash positive, very efficient working capital management level. So I would give it a target price of Rs 78-75 and probably a stop loss of Rs 73."

  

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