Thirumalai Chemicals hits target of 1350. Revised target 1800. 6 months.
We are bullish on Thirumalai Chemicals from levels of 750. Stock has almost doubled from there.
We liked the results and recommended a buy in Thirumalai Chemicals at 1095 and on dips for a target of 1350. Stock was up 8% in trade today hitting fresh 52 week highs near 1450.
Fresh buy is recommended near 1250. Target 1800. SL 1170. We still see a good room for another 20-25% upside in 6 months,.
Earlier call on Thirumalai: