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Hindustan Construction Company (HCC)

 
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GaganG
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PostPosted: Fri Apr 20, 2007 8:13 pm    Post subject: Hindustan Construction Company (HCC) Reply with quote

I have been following this company for sometime now. And somehow, I am yet to make a decision on whether to buy its stocks or not.

Fundamentals look good, it has its book full with orders. Still, its stocks are not following the upward trajectory. They go high, and then low. Looks like people are doing a lot of profit booking.

It is going to announce results on 27-Apr. Has anybody else researched it? Do you believe it is a good stock to make short term gains?
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vijaythanvi
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PostPosted: Sat Apr 21, 2007 12:14 pm    Post subject: Reply with quote

Due to last result stock got hammered and then intrest rate factor damage all the construction share.
At this level share looks very attractive but I advise that after result you should take any decesion, if result comes again below excepectation, I think share can go down furthere more.
Better to look Era Construction or Nagarajun Const in this space, the two companies are having very solid fundamental and hoepefully they will do better than Hind Const but as you told for short term this share is also good, it depends now only result, so better wait for result and if it comes good, this stock will go upto 150-160 again.
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