Technical Analyst, Rajat K Bose is of the view that Mercator Lines has intial target of Rs 140-149.

Bose told CNBC-TV18, "I am quite bullish on Mercator Lines. Rs 140-149 is the initial target and next target would be Rs 160-163. This is a medium-term target and the stoploss would be below Rs 95. This scrip is attracting a lot of volume buying. It has consolidated and it is likely to move up. I do not hold the stock in my personal portfolio but I have already recommended it to my clients."

Share Price Movement During The Last 12 Months
Period	Price	Latest Price	Gain/Loss (Rs.)	% Gain/Loss
3-Days	97.35	115.60	18.25	18.75
5-Days	99.50	115.60	16.10	16.18
7-Days	103.95	115.60	11.65	11.21
15-Days	99.75	115.60	15.85	15.89
1-Month	82.80	115.60	32.80	39.61
3-Month	94.95	115.60	20.65	21.75
6-Month	153.00	115.60	-37.40	-24.44
9-Month	54.00	115.60	61.60	114.07
1-Year	46.35	115.60	69.25	149.41