The only reason for this sudden upmove I feel is that the market has now started to realise the value of the intangible assets that the company has which will keep on making money for the company for atleast next 20-25 years.
also the recent quarterly earnings growth of 13% yoy has given an indication to the market that the current year earnings will again easily surpass the 30% YOY EPS and Sales growth guidance given by the management of the company.
My Personal opinion: I am extremely bullish on the entire music sector and I feel that this stock can easliy cross 1000+ levels if the company posts another 8-10% QOQ growth (which is extremely likely given the mutiple tailwinds in the industry).
My current position size in the stock : 30lacs (20lacs invested amount)
My strategy : upwards average or pyramiding, I will keep on adding the stock at every 10-15% corretion and will keep a stop loss at 28 W EMA
I hope this helps 
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