Kingfisher Airlines may settle around Rs 17-18, says Ambareesh Baliga of Way2Wealth. He further said, "If these news flows work out in their favor possibly you could see again a bounce back to levels of about Rs 28- 30.
Baliga told CNBC-TV18, "The market is expecting enough amount of news flow; at least the positive news flow from Kingfisher and also from the government as far as the investment by foreign airline goes. If these news flows work out in their favor possibly you could see again a bounce back to levels of about Rs 28- 30. Otherwise I think this stock could settle at levels of Rs 17- 18."
Tulsian`s view:
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