Stock analyst E Mathew is of the view that Sical Logistics stock will provide hefty gains in the short run.

Presently (11:08 am), the stock is trading 7.51%% up at Rs 262.

Mr. Mathew has suggested investors not to sell Sical Logistics stock before achieving a short term target between Rs 270-290. Traders should use Rs 229 as a stop loss. The stock can be bought in the range of Rs 235-240. Don’t buy it on upper levels.

Sical Logistics has seen a 52-week high of Rs 301.90 on Bombay Stock Exchange. The P/E is 21.28, and EPS stands at Rs 12.31.

It seems that Sical Logistics will touch another yearly high in the said time period. So keep the stock for at least 3-4 weeks.

UB holdings, Rel Agro and STC India are some brilliant options, from the same sector, for short term trading. For the last 2-3 weeks, the trading sector has been performing superbly. The interested traders can also purchase these stocks to reap gains in the short run.    

However, the stock valuation will become more attractive as the companies announce their quarterly results in December.