Kwality Dairy- 25x in 10 months!
If you had a chance to see the chart of Kwality Dairy again, you’d have noticed that the stock has now run to 1100 levels!
From 40 odd levels in Jan 2009, this stock has multiplied more than 25 times in less than 1 year. This must be some sort of record even in Indian markets! This means that if you invested 1 lakh in the stock, you’d now be having 25 lakhs worth of stock.
This is an excellent example of how market trends work and how stock moves can go beyond all expectations!
Categories: Education, Mid Cap Stock Ideas
Dear Sirs,
I have 7000 shares of MAGNUM VENTURESat Rs.23/-. Should I hold it?
Sajjan
Is it fundamentally good enough to trade at these levels? What about entering at the CMP? Please give some details to support its fundamentals. Thanks
This stock has gone beyond the realm of fundamentals. If you can take a 20-30% downside risk, you can jump in.
i m watching this stock from 450 levels!!! but who knows that time it can go 1000+…….whats do you think for next target for this??
Do you still think one can fix targets for such stocks? The only way to trade them is to ride these uptrends till reversal.
I am watching this stock since a month and a half (from 650 levels in Oct) and its like rising forever. Note that in Oct, 2008 its price was around Rs. 14 or 15. Any clue to why this has risen so far ?