Moneycontrol
HomeNewsBusinessStocksHindustan Zinc may test Rs 320-325: Vijay Chopra
Trending Topics

Hindustan Zinc may test Rs 320-325: Vijay Chopra

Vijay Chopra of enochventures.com feels that Hindustan Zinc may test Rs 320-325.

July 20, 2017 / 16:05 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Vijay Chopra of enochventures.com told CNBC-TV18, "My sense is that Hindustan Zinc has consolidated very nicely around Rs 250 levels. We were buyers, we had recommended this stock to many of our clients and I think that it can zoom past Rs 320-325."

He further added, "Hindustan Zinc as a company has a huge mine assets which are not with a lot of companies. So it is a very mine rich company and they have a lot of assets. So, we are going to see an upsurge in the stock considering the fact that the prices of zinc has been doing well. So definitely a hold at these levels as well and I think that if somebody wants to buy into the stock in a correction they can buy, Rs 320-325 is the target I would recommend."

Story continues below Advertisement
first published: Jul 20, 2017 03:49 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!