Investors should have better interest in Hinustan Copper: Neeraj Deewan
"I felt the interest should be little better because they offer significant discount as compared to the market price."
In a chat with ET Now, Neeraj Deewan, Director, Quantum Securities, shares his views on Hindustan Copper.
ET Now: What is your call on the Hind Copper?
Neeraj Deewan: In Hindustan Copper, I felt the interest should be little better because they offer significant discount as compared to the market price. If you see in the last two-three years valuation point of view, at Rs 155, it will still be a fair or a little better than fair price. But seeing the kind of strength that is there in the company as far as the captive mines are concerned, there should have been interest in the stock. So let us see what happens at the end of the day today, Hindustan Copper is one where interest should be there.
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