buy secur with one year period for target of 600 rs as per block deal data MR. Utsav bought 51000 shares on listing day. He known for value pick sme earlier pick meera ind , mrss and recently shiva granito etc. have a track on it. better to invest for long term only.
Though nobody can say anything with 100% surety, I believe that will stock will zoom to very good levels. Firstly, it is a booming business. Secondly, management looks professional. Those who are worried about how Q1 numbers have grown astronomically, they should understand that it is a kind of startup. Current business operation was started in FY16. In initial years, business grows drastically. Don''t look at the percentage growth, instead look at potential remaining. If they declare good result (in line with Q1), the stock can multiply from here!
My suggestion - don''t sell atleast for few months.
Disclosure: Applied for 2 lots. Hoping to get both!