Q3 EPS is 7.66 and 9M EPS is 21.36. They are well on course to report an annual EPS of 28 for 2015. @ 195 currently it is trading at a valuation multiple of 7x. It is at a massive discount of 66% to the sector.
Being a stock from manufacturing sector it will be part of the current bull rally for the manufacturing sector. Also remember it is a very illiquid share too. So on earnings ground even if Rs300 is not beyond the reach for Regnis. I recommend as a strong Buy.