Som distilleries achieved its technical target of 270 this week. Stock price has had a strong upmove since its breakout above 150 and has moved nearly 80% within a period of 2 months. Currently hovering around 260-270 region. I have trimmed down some position in view of the near parabolic move. In this kind of moves its difficult to predict exact top, so the approach remains to combine technicals with fundamentals. In fundamentals I try to put up best case numbers for next year or two and see if material upsides are still left in the stock, otherwise I trim or exit the position.
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