Jyothy Laboratories Ltd – Call Closure

India Infoline News Service | Mumbai |

Jyothy Laboratories Ltd – Call Closure

Reco price Rs169, Call Closure Price Rs196

We had recommended a BUY on Jyothy Laboratories Ltd (JLL) in “India Strategy- A time for midcaps” on October 25, 2012, with a target price of Rs197. The stock has touched a high of Rs196 in today's trading session registering 16% return from our recommended price of Rs169. While we continue to remain positive on the company, we recommend investors to book profit at current levels.

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