Vimta Labs is a small cap contract research company with market capitalization of 247 Cr. It has been increasing earnings over last 5 years at 12.5%.
It's consolidating between 100-107. Any breakout above 112, should take the share to 160. Keep stop loss below 99.
It's consolidating between 100-107. Any breakout above 112, should take the share to 160. Keep stop loss below 99.
Comment:
89.50 has now become resistance. once it crosses this, target 124, stop can be kept tight @87.