BUILDING STRENGTH

BSE Code: 500185
CMP: Rs 148
Volume: 5112137

Hindustan Construction Company (HCC) is expected to witness a strong upward movement after a long consolidation period. It has witnessed a breakout and has entered a new orbit. Our sources suggest that its strong order book of Rs 23,300 crore and expected unlocking in its real estate venture in the near future will work as triggers for this upward spiral. High-risk investors can take exposure to the counter, which offers a great combination of technical and fundamental factors.