Satish Betadpur, CFA, Global Research and Director, Independent International Investment Research is of the view that avoid Housing Development and Infrastructure , HDIL.
Betadpur told CNBC-TV18, "For HDIL, the balance sheet has particularly improved, they got reasonable prices on the TDR. The general housing price environment is improving but all of that has already reflected in the stock so HDIL is definitely an avoid and maybe look into at closer to about Rs 300 levels or below."
