We had recommended Vinati Organics to our readers in volume no. 33, issue no. 29 (dated May 8, 2017) when the scrip was trading at Rs 842. Our recommendation was based on factors such as capacity expansion and introduction of new products in the market. We had reviewed the stock in issue no. 38 (dated July 10, 2017) when it was trading at Rs 960. We had recommended our investors to hold the scrip at that level. The management plans to double its revenues in the next 3-4 years. We see the stock has good upside potential in its price, but as our target price has been achieved, we recommended our investors to BOOK PROFIT in the scrip on July 17, 2017.