Alakh Pandey-led Physicswallah shares up 42% in 6 months; Motilal Oswal sees further upside - Reason, target price
New Delhi, Oct. 8 -- Shares of Alakh Pandey-led Physicswallah have been on a solid uptrend lately, rising more than 40% over the last six months, and it may have more steam left, according to brokerage firm Motilal Oswal Financial Services.
Physicswallah's share price has jumped 42% year-to-date compared with an 8% decline in the equity benchmark Sensex. On a monthly scale, it is up 14% so far in October after a 6% rise in September.
Shares hit their 52-week low of Rs.77.75 on 4 March this year after rising to a 52-week high of Rs.162.05 on 18 November last year.
On Thursday, 8 October, the stock climbed 1.11% to end at Rs.140.95 on the BSE, extending gains for the fourth consecutive session.
Brokerage firm Motilal Oswal Financial Ser...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.