Please stop asking such questions. Have a look at Gayatri Projects; see how much it has rallied.
Lucky guy; got unity at Rs.80!!!! Wait for a couple of years (without asking many questions and raising your BP), you will see your Rs.80 shares giving you returns to the tune of 60-100 times.
Hold it.It have turned out a multibagger for you which will further add on.
Don`t worry about the rallies.This stock have good support at 315 keeping in mind the long term view.
But keep on tracking the stock.Let`s hope anything like "Austral coke" do not happen to it.
I am assuming so. I plan to stay invested for long term - my concern was whether the company in itself have some control over its market price by involving in buy back or other wise.
Another Question on this counter would be why company pays such scanty dividends even when price does not seem to correlate it? The dividend ratio is very little.
Not sure about the fundamentals.But fresh entry at this level is not advised.The pattern it is forming on the charts is not comforting.Twice it tried to breakout from it.Both times it have failed.As the days are progressing the range is becoming narrower pointing upwards.Don,t invest at current level.Only trade it with stop loss.