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.
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.
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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