Petronet LNG can move to Rs 200, says Anil Manghnani, Modern Shares & Stock Brokers.
Manghnani told CNBC-TV18, "Cement names like ACC and Ambuja and in the oil Cairn, all going to new highs which is surprising given that the market is still way away from the 6300 mark but there are enough stocks now starting to make new highs."
He further added, "I think Petronet LNG is setting up for that, I am putting a target of Rs 185 which is the previous high but from an investment call also this stock will now take out that high eventually and head to about Rs 200. So it's one of those poll stocks which did very well last year, did not loose its momentum in the correction and now probably setting up for a new move."
