It can easily go to 400-450 as right now at 150 it is trading at PE of 3. On Average all the stocks in the market is trading at PEof 7 or 8. Few circuits are on way...market cannot ignore valuations.
I expect continuous circuit in this counter
Taking into account the promoters and their attitude , plz pray that it does not decline to Rs.40 -45 levels , keep stop loss at Rs.146 and then proceed to buy at ur own peril
The going is good for Rain com with the weakining of the dollar and also the firming uup of crude prices above 60$ a barrel.stock should peak to Rs300.00 before budget or else see the low of Rs.80.00 both in etreme cases
you can never expect Rain Com to cross the Rs.160 mark for sure, your fanatasy of Rs.300 is but a dream.
The promoters had a buy back offer very recently and are still punting the market looking for more at lower prices.
I hope it will not cross 200 i am invested last 2 years back never given good return. I really dont know even they declare good results but the share prive was going down. I think promoters are playing to bring down the price and execute the buy back offer.
I suppose , there is a lot of manupilation in this scrip, The promoters the reddy`s are very close to the powers that be and hence go unnoticed or untouched by all these.Anyway I got out long back and now have only 20 odd nos
| NIFTY 
