when last time emkay gave a target for hdil, it came down to 600 levels from 1432, now when it had gained so richly at 872 emkay again gives out a positive view and the stock is down straight to 725, accepted that market conditions are not favorable for a rally, but why is that when broking house give positive views on hdil, the stock seems to correct so badly when compared to its peers? more over hdil has different segments of businesses in real estate, mainly being slum rehad devp, all are govt orders, so the stock is at a good business and should be flying with colours, if not fly, should be stable atleast. can anyone answer to this blog?
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