IDBI Capital has placed a “Buy” on two Construction sector stocks namely Ahluwalia Contracts Ltd (AHLU) and PNC Infratech (PNCL). According to the given target price to the stocks by the brokerage, if you buy the stocks at their current market price, it could fetch a return of up to 34%. Check below to know more: AHLU – Stock Outlook, Return, 52-Week Low/High IDBI Capital has assigned a target price of Rs 650 apiece on the stock of AHLU, implying a potential upside of 34% from its current market price. The stock’s current market price is Rs 487.30 apiece on NSE. Its 52 week low is Rs 360 apiece and 52-week high is Rs 563.60 apiece, respectively. It is a small-cap stock having a market capitalisation of Rs 3,228.80 crore. The stock has gained 2.19% in the last 1 week and declined 2.15% in the last 1 month. It gained 25.37% in the last 1 year, 47.21% in 3 years and 34.37% in the last 5 years, respectively.
IDBI Capital Initiates “Buy” On Small Cap, Mid Cap Construction Stocks, Sees 31-34% Upside
