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Exit HDFC, says Rajat Bose

Rajat Bose of rajatkbose.com advises exiting HDFC and move to IT or pharma stocks.

January 22, 2014 / 16:40 IST
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Rajat Bose of rajatkbose.com told CNBC-TV18, "My suggestion would be to exit HDFC. Only Dewan Housing Finance Corporation and GRUH Finance have been doing well. But even Dewan Housing has gone into a consolidation mode, so it would be better for investor to actually seek an exit from HDFC and move to an IT stocks or pharma stocks which are actually showing much better momentum."

The share touched its 52-week high Rs 931 and 52-week low Rs 632.20 on 30 May, 2013 and 28 August, 2013, respectively.

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first published: Jan 22, 2014 04:40 pm

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