Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Arvind is a buying opportunity. It bottomed out, it had a sharp correction and then that bottoming out eventually resulted in a base, a big breakout and that breakout is showing a shape of things to come. There is more upside here. Therefore, Arvind is a buy even on intraday consolidation because one needs a location where to buy it, go long in it."
The share touched its 52-week high Rs 107.50 and 52-week low Rs 59.05 on 16 January, 2013 and 30 August, 2012, respectively. Currently, it is trading 18.7 percent below its 52-week high and 48.01 percent above its 52-week low. Market capitalisation stands at Rs 2,255.30 crore.
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