I would be very happy if it hit half century, but what is the basis of your target? I mean are you just saying it or you have done analysis.
Found this nice article https://www.moneylife.in/article/hfcl-scrip-drama-raises-intriguing-questions/51702.html I dont think this will be a long term hold, possibly a make hay while sun shines kind of scrip. Just my views. G1
Yes i agree, it does not have good track record, but market discounts future. And we cannot deny the fact that it financials have substantially improved, turnover and PAT have increased multifold in last few years. They also have received order of 558 crores from BSNL for defence. Plus sterlite technology is doing very good which I think is in similar line of business.
The company has been continuously performing well and I expect the same trend might be visible for atleast some more quarters