Neutral Uflex Ltd For Target Rs.737 - Sushil Finance
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We had Re-instating Coverage on Uflex Ltd on June 17, 2022 at a market price of Rs.552 for a target price of Rs.737, showcasing an upside of ~34%.
With the recent run-up in the share price, the stock is currently trading at a high of Rs. 725 nearing our target price giving an upside of ~31%. We advise our investors to book profits at current levels as we close our recommendation on the stock and change our rating to NEUTRAL.
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