Neutral Meghmani Organics Ltd For Target Rs.79 - Sushil Finance
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We had initiated coverage on Meghmani Organics Ltd on 30th Jan 2021 at a then market price of Rs. 79 and Target price of Rs. 97.
Due to the recent run up in the stock prices the company has reached our target price generating a return of ~23% from our recommendation price within ~40 days from initiation. Hence, we change our rating to NEUTRAL and advise clients to book profits.
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