Fundamentals- 1)One of the biggest players in battery space. 2)Maintains its monopoly in the sector. 3)Excellent sales/growth/PAT numbers. 4)Virtually no debt(has increased leverage in last 1 year still not a big negative).
Technicals- 1)Broken the 2 year upper resistance.
CMP-210(20th Feb'2017) 1st target-230(5 months)
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