TNPL has target of Rs 89: Anu Jain

Published on Tue, Oct 06, 2009 at 10:20 |  Source : CNBC-TV18/Mint

Updated at Tue, Oct 06, 2009 at 10:22  

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Tamil Nadu Newsprint and Papers (TNPL) has target of Rs 89, says Anu Jain , Vice President - IIFL Private Wealth Management, India Infoline.

Jain told CNBC-TV18, "Tamil Nadu Newsprint and Papers (TNPL) is looking fairly good on the charts. I generally avoid midcaps but this was quite compelling, so it is giving, at Rs 82.70 where it closed yesterday, a target of Rs 89 and a stoploss can be maintained at about Rs 80.50."

  

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