Traders call: Buy Adlabs Films for target of Rs 259

MUMBAI: Angel Broking is bullish on Adlabs Films and has recommended traders a buy on the scrip for a target of Rs 259.

"Adlabs Films closed near multiple resistance level of Rs 247 with rising volumes. This suggests further upside in the coming trading session. Traders can buy this stock above Rs 247 levels with stop-loss of Rs 243.30 for target of Rs 259," said the report.