Prime Focus has target of Rs 70: Rajesh Jain

Prime Focus has target of Rs 70, says Rajesh Jain, Market Strategist.

Jain told CNBC-TV18, "The business model of Prime Focus is finally credible and after a long time, one sees continued traction in its business of special effects and post production facilities. Sustainability would be the key, the stock already has institutional investors, private equity players and smart money in it but if it can continue to replicate its success with the last year then it is likely to be a long-term winner. On an intraday basis, I expect the stock to post a price of Rs 70." Click HERE to know the rules and follow the score card