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This newly listed stock more than doubled investors' money in less than 2 months; HDFC Securities sees further upside

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A newly-listed stock has more than doubled investors' money in less than two months, and according to brokerage firm HDFC Securities, it can still rise further by more than 30% from the current levels.The stock- Indo-MIM – debuted on the Indian bourses on 30 July this year. On 18 September, Indo-MIM share price hit a record high of ?1,063.80 during the session, but ended 6.28% higher at ?1,056.10, extending gains for the second consecutive session. At this level, the stock is up almost 118% from its IPO price of ?485. The stock's record low is ?701, set on the listing…

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