HUDCO shares: Analyst sees rebound to ₹240

HUDCO shares: Analyst sees rebound to ₹240

Analyst Deepak Pal recommends buying HUDCO on dips around ₹225, with a short-term target of ₹240. The stock is consolidating above key EMAs, showing bullish signs with higher lows, said Deepak. Strong fundamentals, low NPAs, and support from government initiatives make HUDCO a low-risk PSU bet with steady long-term potential, added Pal.

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