Technical analyst, Mathew Easow is of the view that investors can buy Vijay Shanthi Builders Ltd to achieve a short-term target of Rs 109.
According to him, the stock can be purchased on declines with a stop loss of Rs 70.
Mr. Mathew also said that the investors can achieve the target within a period of 6-7 weeks. So, the investors are advised not to sell this stock before achieving this price target.
Thestock will achieve the target price as the company has good growth outlooks considering its projects under implementation and influential future plans.