Dec 29, 2010, 05.29 PM IST

Supreme Infra can move upto Rs 417: Bhavin Shah

Supreme Infrastructure can move upto Rs 417, says Bhavin Shah, CEO, Equirus Securities.

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Supreme Infrastructure can move upto Rs 417, says Bhavin Shah, CEO, Equirus Securities.


Shah told CNBC-TV18, "Supreme Infrastructure operates in construction also in BOT space, has won several contracts and however the stock has not really performed at all. So we do see significant upside in Supreme Infrastructure and it is one smallcap that we see. Currently around Rs 240 we see upside all the way upto Rs 417. So yes, that is one name that comes to my mind."


He further added, "If you look at power for example, KSK Energy is one stock in power space, which has come off sharply as well but however as the market sees numbers coming through in terms of the earnings growth that should also perform quite well."


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