This is a high risk one. I am biased to it from a report of Stewart Mackertich who mentioned
The company has strong fundamentals and parentage. We assign a P/E of 18 to its FY18E EPS and arrive at a TP of INR 229.
I found it overvalued then but I may buy tomorrow as based on the candlestick formation I see now. I’ll wait on how market responds in first two trading hours.
