ABG Shipyard has target of Rs 398: SMC Global

ABG Shipyard has target of Rs 398, says Jagannadham Thunuguntla of SMC Global.

Thunuguntla told CNBC-TV18, "ABG Shipyard has day target of Rs 398. The shipping corporation of India has invited bids from various companies and its due diligence process may be on and there is a good chance that some deal may trigger. So that can create some wave in the stocks prices."