Multibagger sugar stock could rally more as ICICI Securities sees upside in 3 months
The brokerage firm has Buy tag on the multibagger stock that has rallied over 120% in a year's period
The sugar stocks have remained in structural up trend forming higher peak and higher trough in the long term chart. Shares of Balrampur Chini Mills after the last one month’s breather are seen forming higher base around the last year highs placed around ₹380 levels, highlighted domestic brokerage house ICICI Securities, which has a Buy rating on the stock.
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