Aashish Tater, Head of Research at Fortunewizard.com told CNBC-TV18, "Anant Raj is spending lot of time between Rs 50 and 80, and every time you find the stock around Rs 45-50. We should hold it for a year. Every year it is giving you that similar kind of pattern and every time there is a positive because it holds large area of land which will definitely see lot of momentum."
"Puravankara Projects and others will get affected because they do not have that huge large parcels, but something like Anant Raj or Jai Corp will definitely see lot of momentum in terms of positive attraction. So we have a target of Rs 65 from medium term perspective on this stock," he added. Disclosure: Safe to assume that the above stock has been recommended to clients.
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