Hindustan Construction Company Ltd.
currently trading:- 44.55
target: 60,80,100
duration 2 years
hi guys HCC fair value at current jucture is between 35-45 but the reason for the hype of this counter is because of main promotor of "LAVASA CITY" in pune.Because of the constraints in opening of LAVASA project and money scam HCC took a real pounding from 100 levels to almost 50% downside adn touched as low as 37.But i am still confident of this counter and i am expecting that the problem of LAVASA wil be sorted out in time to come,so if people are looking for a script in reality sector with minimum duration of 1-2 years.He can buy this in numbers and enjoy the benefit,becz once LAVASA project is on the counter is expected to 150+ in future.
cheers
1 comment:
Nifty50 continued its upmove and formed a green body for the fifth consecutive session. Now, going forward, as long as Nifty50 manages to hold levels of 9,180-9,190, it can extend the upward move up to levels of 9,280-9,300.capitalstars
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