Sula Vineyards jumps 9% after CLSA assigns 'Buy' rating
CLSA has initiated its coverage on Sula Vineyards with a target price of ₹475, a potential upside of 39% from Tuesday’s closing price.
CLSA has initiated its coverage on Sula Vineyards with a target price of ₹475, a potential upside of 39% from Tuesday’s closing price.
The share price of the company touched a fresh high of ₹432 in intraday trade on the BSE on the back of the continued rally in the last seven sessions.
Shares of Sula Vineyards declined as much as 5% to hit a low of ₹339 after making flat debut at ₹358 on the BSE, against the issue price of Rs ₹357 apiece.