Home > Education, Midcap Stock Ideas > Kwality Dairy- 25x in 10 months!

Kwality Dairy- 25x in 10 months!

Wednesday, November 11, 2009 Leave a comment Go to comments

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!

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  1. sajjan kumar agroiya
    Friday, November 13, 2009 at 6:25 pm

    Dear Sirs,

    I have 7000 shares of MAGNUM VENTURESat Rs.23/-. Should I hold it?

    Sajjan

  2. Titus Godwin
    Thursday, November 12, 2009 at 4:46 pm

    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

    • Monday, November 16, 2009 at 9:21 am

      This stock has gone beyond the realm of fundamentals. If you can take a 20-30% downside risk, you can jump in.

  3. priteshjain
    Thursday, November 12, 2009 at 8:43 am

    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??

    • Thursday, November 12, 2009 at 8:50 am

      Do you still think one can fix targets for such stocks? The only way to trade them is to ride these uptrends till reversal.

  4. Chinmaya
    Wednesday, November 11, 2009 at 8:36 pm

    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 ?

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