Hyderabad Ind has target of Rs 600: Daga

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Hyderabad Ind has target of Rs 600: Daga

Varun Daga, Founder & CEO of varundaga.com is of the view that Hyderabad Industries has target of Rs 600.

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Excerpts from Closing Bell on CNBC-TV18 Watch the full show » ALSO READ See previous views by Varun Daga See what other Experts & Brokerages are saying about Hyderabad Ind See messages about Hyderabad Ind Hyderabad Ind BSE | NSE 01/06/12 Are Mutual Funds betting on Hyderabad Ind?

Varun Daga, Founder & CEO of varundaga.com is of the view that Hyderabad Industries has target of Rs 600.

Daga told CNBC-TV18, "In Hyderabad Industries we can see an upside of Rs 600 on the stock; the stock has been running fine, the stock consolidated from around Rs 450 levels to Rs 400 and then had a breakout and continuing to rally. So I think it will continue to rally, some of these stocks keep performing."

Disclosure: The analyst's clients have positions in the above mentioned stock.