Technical analyst Ashwani Gujral has maintained ‘buy’ rating on Housing Development and Infrastructure Limited (HDIL) stock with a short term target of Rs 415.
According to him, interested investors can purchase the stock above Rs 308 with a strict stop loss of Rs 275.
Today (Sep 04), the company’s shares opened at Rs 323.90 on the Bombay Stock Exchange (BSE), as against its last closure at Rs 325.85 on Monday (Sep 02). Current EPS & P/E ratio stood at 55.38 and 5.62 respectively. The share price has seen a 52-week high of Rs 1116.96 and a low of Rs 254.67 on BSE.