If someone would have invested INR 10,000 around 6 months ago in Dhanalakshmi Bank, it would be nearly INR 25,000 today. As I come back to this blog once again after a loong time, here is a multibagger tip.
Watch this stock!!!
January 20, 2008
Orchid Chemicals – Potential Multibagger
After Walchandnagar, here is another multibagger. Keep a tab on Orchid Chemicals. The stock has been going great guns and it going to surprise the markets. The company is driven by various revenue triggers and future growth will be in the range of 30-40% in the next three years. The company has various molecules in pre-clinical trials stage. I will keep posting more updates on this as I get triggers. For now, keep a watch!
February 26, 2007
Investor Alert – Atlanta Price Rigging
The Securities and Exchange Board of India (Sebi) has asked the promoter group comprising 16 entities of Atlanta Ltd, and entities/persons associated with them (14 entities) not to deal in the stock of the company.
Sebi stated that the decision to this effect has been taken in the view of the fact that the company, its promoters and entities connected with them have abused the stock exchange mechanism, the listing agreement and regulations related to preferential issue of security to unfairly maximise their wealth at the cost of the lay investor.
Read the full story in Financial Express.
February 22, 2007
GVK is Consolidating
GVK Power is consolidating its unlisted holdings in infrastructure assets under its flagship company GVK Power and Infrastructure. The combined entity will have interests in various diverse segments including power, airports, roads and mining. This might lead to the re-rating of the company valuations.
The stock is on an uptrend. Keep an eye on this stock.
February 21, 2007
Liberty Phosphate
Liberty Phosphate is a fertilizer scrip that is trading at a huge discount from its 52-week high of INR 55. It is the largest manufacture of single super phosphate and has more than 14% market share. As the company has allotted around 20 lakh shares at Rs.25 to the promoters and others, the scrip is bound to rise 50% in a few months.
The scrip can make a strong case for BUY. Need to keep a track of this scrip. As soon as price starts moving up from the 20 levels that it is trading at present, one needs to pick up the stock in good quantities. I would classify this as a contrarian bet.
