Tata Metaliks may move to Rs 750-780: Vijay Chopra

Vijay Chopra of enochventures.com told CNBC-TV18, "Tata Metaliks has had a dream run since last two years, almost one and a half to two years, and I still remember the stock trading at Rs 110-120 levels from where it took off. However, my sense is it can still go up to maybe Rs 750-780 and there I think that one can think of profit booking on this stock because it has been a huge run for the company."

"I don’t say that the company is bad or any fundamentals have gone bad, but again, any stock taking such a leap generally has a tendency to correct. So, maybe if the stock corrects and one can get this stock again at lower levels, I would recommend that one can get into Tata Metaliks, not an issue there. However, Rs 750-780 seems to be levels where probably the stock would be tiring a bit," he added.