Ipca Laboratories may move to Rs 800-805: Rahul Mohindar

Rahul Mohindar of viratechindia.com told CNBC-TV18, "Ipca Laboratories is in momentum in a tough market like today, we still think that there is good potential here. The level of Rs 800 in the last 6-9 months has been a very big block hole for the stock. So, we will at least move to Rs 800-805 level. But, in the longer-term, I like Ipca Laboratories for a target of about Rs 920. So, if you are a long-term investor, certainly a stock to keep on the radar."At 14:53 hrs Ipca Laboratories was quoting at Rs 766.65, up Rs 4.65, or 0.61 percent. It has touched an intraday high of Rs 781.05 and an intraday low of Rs 749.40.