At major trendline support CMP 164with a major change in shareholding QOQ adding approx 8% FII & 8% DII investors this stock looks promising for the coming quarter and can be a great opportunity to buy at these levels.
Abakkus Growth Fund participated in the Qualified Institutional Placement (qip) and bought 85,26,605 6.78% of the company.
Expect the upper trendline to be tested during the reversal with a price target of 250 this time. Time frame 1 year.
