This Co. Reducing Debt, Planning To Become $1 Bn Revenue Co., Buy For 36% Potential Gains

HIL Limited (HIL) is a part of the C.K. Birla Group, headquartered in Hyderabad. With Rs 26 Bn of market cap, the company is one of the leading player in the building materials and construction industry. The company manufactures asbestos FC sheets, coloured steel sheets, non-asbestos corrugated roofing sheets, new generation building products like autoclaved aerated concrete (AAC) blocks (light bricks) that are used for walls in building constructions and aerocon panels and boards that are used as partition in residential and commercial buildings. Currently, the shares are trading at Rs 3459.15, IST 13:40. The brokerage firm, Anand Rathi has recommended buying for a potential gain of 36% for a target price of Rs. 4798.

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Disclaimer: The stock has been picked from the brokerage report of Anand Rathi. Greynium Information Technologies, the author, and the brokerage house are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decisions.