Sukhani told CNBC-TV18, "Kaveri Seed Company went up to about Rs 275 and then went through a deep correction to Rs 200. The target is Rs 259-260 and irrespective of whether the target is hit or not, this is something you might want to buy and trade in on the long side. On the longer term I think it would cross Rs 350 and you have to give it time because the charts are very good."
At 2:10 pm, the share was quoting at Rs 241.80, up Rs 5.60, or 2.37%. Its 52 week high is Rs 276. Currently the stock is 109.26% above the 52-week low of Rs 115.55.
