Today domestic browses ended on a cheerful note after trading on a lackluster note for the majority of the session investors stayed cautious ahead of G20 submmit in Cannes, France and a rate decision by European central bank. The global sentiment was dampened after France withheld 8 billion euros of assistance to Greece and threatened the country of withdrawing all European aid if it votes against the bailout package agreed last week to fight the debt crisis. BSE Sensex closed at 17,481.93, up by 17.08 points from the previous close, whileNSE Nifty advanced by 7.30 points and closed at 5265.75.
Pitti Laminations Ltd : There is no stopping for our value pick recommended counter Pitti Laminations, Pitti laminations which was recommended during 3rd week of sept at Rs.35-36 Range and today it closed at Rs.68 by gaining 10.66% 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 94% returns to all the paid members, all this is with in one and half month time frame only. 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 one and half month time frame the counter provided 94% returns.
xxxxx xxxxx xxxxx Ltd: Our Multibagger stock which was recommended during the Month of July at Rs.82 - 84 Range and asked members to accumulate the counter, today it managed to close at Rs.130, the multibagger counter has potential to provide 600 to 800% returns with in next 1 year to 1.5 years time frame. and the latest news that we provide to our paid clients about the counter is: management is considering splitting the equity shares of the counter from 10 Rs. face value to Rs.2 one's.
xxxxxx Technology Ltd: Which was recommended as momentum call this week at Rs.7.9 today locked at second consecutive Upper circuit and closed at Rs.9.09, Below is the brief info about the counter that we have provided to our paid members. Soon the name will be revealed on the blog.
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.
Apart from this Our recommended counters Tera Software, Net Vista Information Technology Ltd, Banas Finance Ltd closed in green with decent profits for the day.
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