Thursday 15 September 2016

MBL Infra Target achieved: Next Target 16 Sept 2016


Target Achieved - MBL Infra



Our Target for MBL Infra (CMP - 111.20) dated 10 Sept 2016 for 110---116 achieved today (16 Sept 2016).

% change on our call - 19.89 % (up)
Suggested at 91.75, reached 111.20 today.


Next target - 122---126

Adjusted Stop Loss - 106


Technicals are good and super strong for short term holding. 

Undervalued industry wise with low P/E of 4.81 against 37.31. With good EPS and growth rate, it might even cross 170+ in coming times.

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