In a big consolidation period. Final approval to sell acres of land to BPCL at 390+ Cr, the current debt on 190 odd Cr will vanish in no time. What a time to enter!
Surpassed previous high of 277. Currently facing selling/profit booking at 290. If it sustains above 277 in near term, anticipating 329 by end of the year.
Original analysis and target at
With 19 Rs dividend and 1:1 bonus share, it did breakout above 400 last weeks, but given the market correction, 400 might be a good re-entry point for further upmove