Anant Raj, SREI Infra have potential to move up: Sukhani

Anant Raj and SREI Infra has potential to move up, says Sudarshan Sukhani, s2analytics.com.

Sukhani told CNBC-TV18, “Anant Raj has actually doubled itself and that’s good news because the stock that becomes a multibagger makes four or six times, has to double itself before it becomes six times. So, it’s a stock that’s now built a base, given us a sign of strength. I think there is much more upside here. At some point in the earlier bull market Anant Raj was Rs 150-200 so there is a long way to go.”
He further added, “SREI Infra fell from Rs 150 to Rs 20. It’s doubled itself, it’s now at Rs 28, almost 50 percent rise. This is the time then we know that this stock is getting strength. Now, this strength tells us that we should be looking for higher levels, those higher levels are about Rs 55 immediately. So, the stock can double itself in a year’s time and that’s not all it can go much higher.”