Anil Manghnani of Modern Shares & Stock Brokers feels that above Rs 411, Adlabs Films can go upto Rs 451.
Manghnani told CNBC-TV18, "I will stick with the ones that are generally cable companies or in production space like UTV Software Communications and with stuff like Sun TV or Zee Telefilms . I am not still very gung ho on the print media; I think its gives odd move here or there like one has seen Midday multimedia and then it doesn't do much."
He further added, "Even if I will look at the charts of Adlabs Films, I know it has made a fantastic move yesterday but it's not showing too much on the charts. If it crosses Rs 411 then it could go to Rs 451. But, I am not very fancy about INOX Leisure and Adlabs, the one that just purely based in cinema as such."
