Buy Jindal Drilling for target of Rs 635-665: Nirmal Bang

MUMBAI: Nirmal Bang has advised traders to buy Jindal Drilling for target of Rs 635-665.

“All major Jindal group stocks have outperformed and only this stock has not participated the rally. Buy the stock from an investment point of view. Liquidity is not much in this counter and support is at seen at Rs 515-500-475 region. On the upside if it maintains above Rs 550 with an average volume of 50K then look for a target of Rs 635-665,” the report said.