On 24 February second block deal in HDFC. Citi group exit from HDFC and sell stake. beyond details. We talking about Stock price.
Last block deal was Carlyl finance exit from HDFC that time stack slip from 700 to 680 level. and recovered from this level to again level of 700 and above. This time on day of deal this stock slipped to 670 level. Now in future what will be the price movement of stock. I think this will recover again to 700 level. With market out performance this stock is neutral. But other thing is this not under performer in bad market . there is lowest level of 600 for stock and 52 week high of 734 this is run and stock aways try defensive. So I don't think much lower side on this counter.
Last block deal was Carlyl finance exit from HDFC that time stack slip from 700 to 680 level. and recovered from this level to again level of 700 and above. This time on day of deal this stock slipped to 670 level. Now in future what will be the price movement of stock. I think this will recover again to 700 level. With market out performance this stock is neutral. But other thing is this not under performer in bad market . there is lowest level of 600 for stock and 52 week high of 734 this is run and stock aways try defensive. So I don't think much lower side on this counter.
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