Wednesday, October 29, 2008

Sell HDIL (Target 123) - Geojit

Download Sell+HDIL+241008

We recommend to pare exposure in Housing Development and Infrastructure Ltd. (HDIL) as the company is under severe
pressure due to the slowdown in real estate values and high cost of funds. The scrip currently ruling in the range of Rs.150 is expected slip back to Rs.123.

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