Tuesday, December 23, 2014

RICO AUTO INDUSTRIES :- REPEAT

Dear friends,

       I have recommended  "RICO AUTO" on 13th September 2014 @ 29, STOCK IS NOW TRADING @ 50 LEVEL, Today company announced in BSE & NSE  SALE OF SHAREHOLDING OF JV COMPANY FCC RICO LTD, around 500cr, now RICO AUTO is reduced their  debit , it is huge positive for company's growth prospects , so one can buy this stock @ current market price for long term portfolio , stock may cross 3digit mark in medium to long term.



OLD POST HERE

BSE ANNOUNCEMENT HERE


9 comments:

  1. As u know better promoter group of Saurashtra Cement is not investor friendly (as well known for Gujrat Siddi Cement) and shares come down from 60 to 40 level...how u so confident for this scripts...see the guj Siddi cement scripts which lying at or around 40 level sinch last 15 years....i dnt think major breakout in saurastra cement in next 5 years due to its promoter quality...wht u say

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    1. Read annual report (2014) management confident to debts free in next financial year ,if it's happens stock really upgraded.

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  2. Sir, how you rate Wanbury at these levels? do you track it

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  3. Sir ,Whats your view on V2 retail for a long term investment ?

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  4. sir your view on indian hume pipe ?

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  5. Can u track ikf technologies ? I have heavy loss in this stock

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