HomeNewsBusinessStocksHold HeidelbergCement India; see upside: AK Prabhakar

Hold HeidelbergCement India; see upside: AK Prabhakar

AK Prabhakar of IDBI Capital is of the view that one may hold HeidelbergCement India.

July 25, 2016 / 16:18 IST
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AK Prabhakar of IDBI Capital told CNBC-TV18, "One has to hold HeidelbergCement India. We have UP elections. It caters to that segment and whenever there is an election, then development work automatically kicks in. So, more upside is possible in HeidelbergCement India. Hold on for some more months. Once it nears the election, then you get a better price."HeidelbergCement India ended at Rs 126.95, up Rs 0.65, or 0.51 percent on the BSE.The share touched its 52-week high Rs 134.70 and 52-week low Rs 60 on 21 July, 2016 and 17 February, 2016, respectively.

first published: Jul 25, 2016 04:18 pm

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