Dalal Street Hot Chips: HDIL – 15-20% Gain Possible in Short Term
Anticipating a lower inflation after the all-time high in the last few weeks, interest rates are supposed to be stable for the time being. It could boost the potential for price appreciation in the banking stock as well as realty sector. As banking and realty, counters have highest correlation among them. HDIL being one of the major players in the realty market seems to be attractive at this price level. According some market sources, the scrip can have further potential for price appreciation of 15-20 percent in a short-term period. Therefore, investors with short-term interest can think of taking an exposure in the counter.
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