Buy Housing Development & Infrastructure, target Rs 70: Manas Jaiswal

Buy Housing Development & Infrastructure at a price target of Rs 70 and a stop loss at Rs 59.50 from the entry point.

Manas Jaiswal of manasjaiswal.com has a buy call on Housing Development & Infrastructure with a target price of Rs 70.

The current market price of Housing Development & Infrastructure is Rs 64.

Time period given by the analyst is intraday when Housing Development & Infrastructure price can reach defined target.

Manas Jaiswal recommended to keep a stop loss at Rs 59.50.

Housing Development & Infrastructure, incorporated in the year 1996, is a Mid Cap company (having a market cap of Rs 2777.63 Crore) operating in Construction sector.

The company’s top management includes Mr.Hazari Lal, Mr.Lalit Mohan Mehta, Mr.Raj Kumar Aggarwal, Mr.Rakesh Kumar Wadhawan, Mr.Sarang Wadhawan, Ms.Sandhya Baliga.
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Company has Thar & Co as its auditors.

As on 30-09-2017, the company has a total of 434,003,986 shares outstanding.
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