HomeNewsBusinessStocksAurobindo Pharma may test Rs 1480-1490: Rahul Mohindar

Aurobindo Pharma may test Rs 1480-1490: Rahul Mohindar

Rahul Mohindar of viratechindia.com feels that Aurobindo Pharma may test Rs 1480-1490 in the medium-term.

May 19, 2015 / 16:34 IST
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Rahul Mohindar of viratechindia.com told CNBC-TV18, "Aurobindo Pharma can move up, Rs 1480-1490 over the medium-term very possible. Even short-term it looks poised to move into new highs in just a couple of days. So, it is a stock worth getting into, the only caution is if you are getting in at the current levels from that trading perspective, you have got to keep your stoploss at about Rs 1320. So, even at current market prices it is fairly attractive."

Aurobindo Pharma closed at Rs 1,387.30, up Rs 36.65, or 2.71 percent.

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first published: May 19, 2015 04:30 pm

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