Multibagger Mid cap stock rises 47% in 2 months: Anand Rathi expects another 10% upside
Live MintStock To Buy: The multibagger mid-cap stock Jindal Worldwide has risen 48% in last two months. Anand Rathi expects 10% more upside for this stock, which remains its pick of the month Stock perfromance Jindal Worldwide that had seen sharp correction during March to November period, however has risen sharp 48% ever since i.e in last two months. Expected Upside and Target price Jindal Worldwide remains pick of Anand Rathi Investments Services. The Anand Rathi Target price thereby translates into an upside of more than 10% for the Jindal Worldwide share price. Jindal Worldwide as per Anand Rathi analysts has recently broken out of a consolidation pattern, aligning with the Bollinger Band's upper line and supported by a bullish crossover in the weekly MACD, signaling strong upward momentum.