MRPL has target of Rs 84.50: Thununguntla

Published on Wed, Jul 27, 2011 at 13:38 |  Source : CNBC-TV18

Updated at Thu, Jul 28, 2011 at 10:11  

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MRPL has target of Rs 84.50: Thununguntla

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MRPL has target of Rs 84.50, says Jagannadham Thununguntla of SMC Global.

Thununguntla told CNBC-TV18, "MRPL has target price of Rs 84.50. The results have been very impressive both on the topline and bottomline. The company was able to deliver better than expected results, very healthy margins and going forward the stock can be a good performer."

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