Wait and watch on Bilt: Ashwani Gujral

BILT used to trade at about Rs 17-18 but for a long time it has not moved from here. Generally a target of about Rs 45 to Rs 47.

Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, in a chat with ET Now, gives his call on BILT


What is the call on BILT?

BILT used to trade at about Rs 17-18 but for a long time it has not moved from here. Generally a target of about Rs 45 to Rs 47 has been expected on BILT but this is not a stock that moves too often and the rates of return on probably FMPs are much higher today. If we can take Rs 34-35 out, then maybe you look at Rs 41-42 but I do not think this will move so easily.
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