HomeNewsBusinessStocksHDIL may touch Rs 55, says Sudarshan Sukhani

HDIL may touch Rs 55, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the opinion that Housing Development and Infrastructure (HDIL) can move from its current levels of Rs 41-42 to Rs 55.

July 10, 2013 / 17:23 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Housing Development and Infrastructure (HDIL) is giving the first sign of life on charts. It is possible that from current levels of Rs 41-42, we can see it go to Rs 55 or so. Perhaps if it reaches Rs 55-60 zone then one should get out."

The share touched its 52-week high Rs 123.95 and 52-week low Rs 31.75 on 16 January, 2013 and 25 June, 2013, respectively. Currently, it is trading 67.65 percent below its 52-week high and 26.3 percent above its 52-week low. Market capitalisation stands at Rs 1,680.21 crore.
first published: Jul 10, 2013 05:23 pm

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