Nice numbers from IG Petro (CMP 483). Revised Target 710. 6 months. SL 440.
We had recommended adding IG Petro at 390-400 while there was a market dip. Stock had hit fresh highs of 525 today and had gone back to opening price of 480. We recommend to add on dips. SL 440. The results was really good. We revised our target from 540 to 710. Currently the stock is returning 24% from recommended price. We see another easy 24% upside in 3 months.
Earlier reference call to IG Petro:
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