Domestic bourses closed on a bearish note as Greece's prime minister won the backing of his cabinet to hold a referendum on a 130 billion euro bailout package reached just last week, which sparked fears of a disorderly default on the country's debt if Greeks voted against the package. Investor’s scurried away from equities on reports stating the possibility of Greek holding the referendum as earlier as December.Meanwhile, back on the home front, although the index made several attempts of recuperation, but all of them remained lackadaisical, as the moment barometer gauge enticed some traction, all of it would be eroded by the intense selling pressure which was witnessed across the board. BSE SENSEX closed at 17464.85 down by -15.98 points at the same time Nifty closed at 5258.45 up by 0.5 points .
Pitti Laminations Ltd : Pitti Laminations which was recommended during 3rd week of sept at Rs.35-36 Range today closed at Rs.61.45 by gaining 4.42% for the day, The counter was recommended as value pick, by mentioning that it can provide 100% returns in 6 to 8 months time frame, already the counter provided 75% returns to all the paid members. and the latest update on the counter is : Profit after tax (PAT) stands at Rs.6.06 crores in Q2 of the current year as against Rs.1.85 crores in Q2 of the corresponding period of the previous year thereby recording a growth of 227.56%. What else is required look at the performance of the counter with in 1 month time frame the counter provided 75% returns.
ShreeYash Industries Ltd:As mentioned several times about ShreeYash industries, proving the same, the counter locked at 5% upper circuit and closed at Rs.22.65.
xxxxxx Technology Ltd: Which was recommended as momentum call this week at Rs.7.9 today locked at Upper circuit and closed at Rs.8.66, Below is the brief info about the counter that we have provided to our paid members.
Net profit increased to 21.57 Lakhs as against Rs.3.43 in the same period during last year, on a sales of 92.91 lakhs as against Rs.65.49.
Promoters has increased stake to 38.96% from 22% in June 2011 Quarter, as against 21.9% in quarter ending March 2011.
buy at the CMP of Rs.7.9 for a target of Rs.14.50 in short term.
No comments:
Post a Comment