Aug 16, 2017 03:48 PM IST | Source: CNBC-TV18
Sandeep Wagle of powermywealth.com feels that Future Consumer may test Rs 45.
Sandeep Wagle of powermywealth.com told CNBC-TV18, “In Future Consumer I would talk of a target of around Rs 45 and the stoploss can be around Rs 27 which is not very far off. Once above Rs 45, Future Consumer can over the next 12-15 months test around Rs 75-80 levels, so it is definitely a hold.”
Future Consumer ended at Rs 42.95, up Rs 1.70, or 4.12 percent on the BSE.
The share touched its 52-week high Rs 45.85 and 52-week low Rs 18.10 on 20 July, 2017 and 09 November, 2016, respectively.