Selan Exploration can add 3-4%: Anu Jain

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Selan Exploration can add 3-4%: Anu Jain

Selan Exploration Technology can add 3-4%, says Anu Jain, VP - IIFL Private Wealth Management, India Infoline.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See previous views by Anu Jain See what other Experts & Brokerages are saying about Selan Explore See messages about Selan Explore Selan Explore BSE | NSE 31/05/12 Are Mutual Funds betting on Selan Explore?

Selan Exploration Technology can add 3-4%, says Anu Jain , VP - IIFL Private Wealth Management, India Infoline.

Jain told CNBC-TV18, "The oil exploration series has been doing well, whether you look at HOEC  or Selan Exploration; both of them did well yesterday. In fact Selan Exploration went back to Rs 450-456 highs. I think they can give another 3-4% as a trading call."

At 10:19 am the share was quoting at Rs 431.60, up Rs 4.85, or 1.14% with volumes of 15,134 shares.

Its marketcap is of Rs 666.51 crore. Currently it is 331.6% above the 52-week low of Rs 100.