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Stock Radar: This scrip hit multi-year high in August! Should you buy it on dips? – Economic Times

Jyothy Labs, part of the household products industry, hit a fresh high of Rs 185.90 on 8 August 2022 for the first time since 2019 can be a good buy on dips stock for a possible target near Rs 200 in the next 3-4 weeks, suggest experts.

The stock rose more than 30 per cent so far in 2022. It rose more than 6 per cent in a week, and over 18 per cent in a month, Trendlyne data showed.

The stock is trading near overbought levels so some pullback