 "paint brands, paint companies")
Indigo Paints zoomed 15.7 per cent to a high of Rs 2,247 in intraday trades on the BSE on Friday on the back renewed buying interest at the counter.
The stock had recently hit a fresh 52-week low of Rs 1,900 on December 27, 2021, and was down a whopping 43.2 per cent from its 52-week high of Rs 3,348 touched on February 03, 2021.
Brokerage firm Motilal Oswal has initiated a coverage on the stock with 'Buy' rating and price target of Rs 2,270. The brokerage report states that Indigo has successfully surpassed the high entry barriers
The stock had recently hit a fresh 52-week low of Rs 1,900 on December 27, 2021, and was down a whopping 43.2 per cent from its 52-week high of Rs 3,348 touched on February 03, 2021.
Brokerage firm Motilal Oswal has initiated a coverage on the stock with 'Buy' rating and price target of Rs 2,270. The brokerage report states that Indigo has successfully surpassed the high entry barriers
