Vishal B Malkan of malkansview.com told CNBC-TV18, "SKS Microfinance is trading at multiyear highs and it is sustaining those levels above Rs 400 and plus momentum is building up, volumes are building up. Definitely a good stock for the medium-term as well as for trading call, so I would go with a buy with a stoploss of Rs 395 for targets of Rs 425 and Rs 435."
At 14:28 hrs SKS Microfinance was quoting at Rs 405.50, up Rs 4.35, or 1.08 percent. It has touched a 52-week high of Rs 412 on the BSE.
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