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Buy Polyplex Corporation, upside possibility of Rs 1,527-1,585: Axis Securities
Axis Securities has given a buy call for Polyplex Corporation, expecting the stock price to rise from the current ₹1468 to ₹1527-1585 within a month. This follows a breakout from an "Inverted Head and Shoulders" pattern, supported by increased trading volume and a positive RSI indicator. The company recently reported strong quarterly results with a net profit of ₹164.11 crore.