Hind Construction Buy Call

HCCHind Construction is good for intraday dealings, as it has already proved its brilliance in previous trading sessions.

Investors can purchase this stock around 209, with a stop loss at Rs 208. The target for the day is between Rs 215-219.

The stock has performed brilliantly on yesterday, and finally closed at Rs 209.30 after making a gain of 3.4%, on BSE. If the stock market declines today, investors should not leave the stock.

Mumbai-based construction firm Hindustan Construction is eyeing turnover of Rs 30 billion for FY 2007-08.                  

The company also plans to make an infrastructure firm to invest in public private partnership.

The company`s current order book position is a little over Rs 100 billion and is likely to cross Rs 120 billion at the end of this financial year.