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Dec 20, 2007, 11.17 AM IST
Rahul Mohindar of viratechindia.com is of the view that Rana Sugars and Triveni Engineering could possibly add about 15 to 20% and that too in the shorter-term. Looking at the build up in terms of volume that it has, one should really pick these two, he added.
Rahul Mohindar of viratechindia.com is of the view that Rana Sugars and Triveni Engineering could possibly add about 15 to 20% and that too in the shorter-term. Looking at the build up in terms of volume that it has, one should really pick these two, he added.
Mohindar told CNBC-TV18, "If one looks at the sugar space from a short-term perspective, it is very interesting area, I think one of the stocks which we saw breaking out was Rana Sugars and the other one is Triveni Engineering. I think going forward both these stocks could possibly add about 15-20% and that too in the shorter-term. So looking at the build up in terms of volume that it has, I would really pick these two but overall I think broadly if one looks across the board on the sugar stocks, I still see visible headroom." Disclosures: It is safe to assume that analyst & his clients may have an investment interest in the stocks/sectors discussed.
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