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Aurobindo Pharma may touch Rs 320-325: Vishal Malkan

Vishal B Malkan of malkansview.com is of the view that Aurobindo Pharma may touch Rs 320-325.

November 12, 2013 / 13:54 IST
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Vishal B Malkan of malkansview.com told CNBC-TV18, "Aurobindo Pharma has already moved up quite a bit in last couple of weeks, but there is still some room left on the upside. It is nearing its all-time high around Rs 275 levels, so I expect it to continue further up to around Rs 320-325 levels with a stoploss of Rs 250."

At 13:46 hrs Aurobindo Pharma was quoting at Rs 270.90, up Rs 2.45, or 0.91 percent. It has touched a 52-week high of Rs 275.

The share touched its 52-week high Rs 274 and 52-week low Rs 147 on 11 November, 2013 and 28 March, 2013, respectively. Currently, it is trading 1.13 percent below its 52-week high and 84.29 percent above its 52-week low. Market capitalisation stands at Rs 7,888.91 crore.

first published: Nov 12, 2013 01:54 pm

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