buy in delivery bases at level of 220-225 for short term.
Tenchnically is buy for short term .
fundamentally is poor company net profit (PAT) is - 478 cr in last quarter.
stock trade in high PE as industry PE.
EPS is negative.
borrowings is 1,226 cr.
promoter has decrease stake from 72% to 45%.
SL 210.
1st Target is 245 (short term).
2nd Target is 272(Hold for 3-6 month time frame).