HomeNewsBusinessStocksBuy HCC, target Rs 50: Vijay Chopra

Buy HCC, target Rs 50: Vijay Chopra

Vijay Chopra of enochventures.com is of the view that one may buy Hindustan Construction Company.

February 03, 2017 / 10:46 IST
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Vijay Chopra of enochventures.com told CNBC-TV18, "Hindustan Construction Company (HCC) is a stock which can be bought into at these levels. HCC is a company which has delivered some marquee projects across the country. In India the story has to happen it has to happen through infrastructure and the large ones the big boys of infrastructure includes HCC because they have the capabilities of executing large projects. Budget also had out laid a lot of money for the infrastructure, so I think that HCC can be bought in to.""With a short-term perspective, I think the target is Rs 50 but if somebody holds with a longer term perspective the stock has the potential to go to Rs 60-65 as well. Even in the short-term it looks good. Very solid performance and I think that it has consolidated also well around this levels," he added.

first published: Feb 2, 2017 03:38 pm

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