Buy Sobha Developers at Rs 865-900: Pillai

Published on Wed, Oct 03, 2007 at 12:59 |  Source : Moneycontrol.com

Updated at Wed, Oct 03, 2007 at 16:29  

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Neppolian Pillai, ., Modern Shares & Stock Brokers

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Sobha Developers | Unitech |

Neppolian Pillai of Modern Shares & Stock Brokers is of the view that one can buy Sobha Developers at Rs 865-900.

Pillai told CNBC-TV18, "The real estate sector broke out about two months back and it is a sector that is going to give shallow falls and again move up. DLF and Unitech have done well for themselves. Sobha Developers was around Rs 900 yesterday and it is moving towards Rs 965-1,145 range and any one can buy between Rs 900-865 levels. This is the stock, which will do well from here on will do very well and Unitech and DLF has already done that."

  

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