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Buy NTBCL

Shalini Kakkad 5 December 2007

Buy Noida Toll Bridge with a stop loss below Rs 55 for targets of Rs 63 and Rs 67.

Stock market analyst, Rajat K Bose has given this intraday call after analyzing the stock’s previous performance. Intraday day investors can sell the stock after making the said profit.

Presently, the stock has gained 4.3% at Rs 61.00.

Those who purchased the stock around Rs 46-47 in last trading sessions, can sell the stock at the moment, and again enter around Rs 58-59 to achieve today’s intraday target.

The Noida Toll Bridge Company Ltd. (NTBCL) has been promoted by Infrastructure Leasing and Financial Services Ltd. (IL&FS) as a special purpose vehicle (SPV) to develop construct, operate and maintain the DND Flyway on a Build Own Operate Transfer (BOOT) basis. NTBCL is a public listed company, incorporated in Uttar Pradesh, India, in 1996 and operates only in India.

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