The up move has just started. There is a long way to go and again here, I have a price target of about 140 to 160.
Buy SKS Microfinance at current level with a target of 140-145: Ambareesh Baliga
ET Now 16 Aug 2012, 15:18
ET Now 16 Aug 2012, 15:18
The current momentum can take SKS Microfinance to levels of about 140-145 because this sector itself is undergoing a major change especially after the microfinance bill goes through.
One should be buying at lower levels because whatever fears are there, it is quite a few years away. So in case, we see a drop possibly closer to 245-250, it is a great buy.
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