Kunal Bothra, Head of Advisory at LKP is of the view that one may book some profits in Himachal Futuristic Communication.
Kunal Bothra, Head of Advisory at LKP told CNBC-TV18, " Himachal Futuristic Communication (HFCL) has broken the all time high of Rs 21.70-21.72 odd, which was the previous high. So in terms of breakout in technical charts, the momentum is fairly good but from a cautious perspective, it is better if you can probably book some bit of profits over here and then look to have a higher target of Rs 28-30."
Himachal Futuristic Communication ended at Rs 23.64, up Rs 1.67, or 7.60 percent. It has touched a 52-week high of Rs 24.37.
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