Nirmal Bang has maintained its ‘Buy’ rating on Adlabs Films Limited to achieve a target between Rs 230-270 within 1-5 days.
Traders can buy the stock on dips with a stop loss of Rs 182.
Shares of the company, on Wednesday (April 08), closed at Rs 198.25 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 789.50 and a low of Rs 130.15 on BSE.
The report also said that a big move is expected if the stock maintains above Rs208.