See upside in Hindustan Copper, says Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Hindustan Copper is a very illiquid stock. So traders must understand it and it is prone to a lot of manipulation. But on a chart, there is more steam here. It is just breaking out."

At 10:58 hrs Hindustan Copper was quoting at Rs 111, down Rs 0.25, or 0.22 percent. It has touched an intraday high of Rs 113 and an intraday low of Rs 110.55.

The share touched its 52-week high Rs 310.90 and 52-week low Rs 84 on 17 September, 2012 and 21 March, 2013, respectively. Currently, it is trading 64.3 percent below its 52-week high and 32.14 percent above its 52-week low.  Market capitalisation stands at Rs 10,269.92 crore.