This is the first time that the stock has touched its listing price level of about INR 300 and it appears to be set for a bounce from here. Potential SL is limited at 300 levels, say a daily or weekly close under 300 level from CMP of 314 (~5%). Profit potential in a 12 to 18 month time frame looks to be 50% to 100% of CMP. Overall a good scrip with decent daily trading volumes allowing you the possibility to cash out if ever there's an unforeseen need.
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