Good buy.....Short term it will be range bound between 190 to 230 Rs. However for medium to long term a target of 300 to 350 is definitely on cards. Keep accumalating on dips for medium to long term.
This company has already burnt cash of Rs.750 crores in last 5 years (operational cash less capex) and will now add the 6th year of cash burn in FY10. You decide what to do with the stock now.