It is a good bet at the current price of Rs.60 with expected target of Rs.85+ in short time.
The share price is going up because of uptrend in company's product prices i.e price of metcoke.
As in any share purchase there is risk of loss but considering the risk/reward ratio it can be considered as bet worth taking.
If one waits for research report etc the price may cross Rs.100 by which time the research report will become obsolote.