check out "17 stks that were buzzing last week" article on moneycontrol -
Sudarshan Sukhani: I think there is good news on the charts for Arvind. First the worst seems to be over and that saying a lot because Arvind had seen highs of Rs 150 earlier and fell down to Rs 15 but those bad days are probably finished for the stock. We can see a target of Rs 55-60 that means there is a lot of headroom even currently at current prices. There is a stop which is roughly around Rs 30. The stop is wide because the stock has rallied a lot an the stock needs time to catch up. But in either case whether you are in investor or a trader you might like to look at the stock, a buy on dips and you could expect a very significant gain over the next one year."
Lots of news on internet on arvind today (below taken from sify)
a)it plans a 10 per cent expansion in its denim fabric manufacturing capacity by next year,
b) Arvind Limited is also consolidating its other verticals like garments and real estate
c) it expects government clearances for its real estate projects in next four months
d) The company is planning low cost as well as mid priced housing in Khatraj, Jetlaj, Santej and Ahmedabad. "We have around 2 million sq yards of properties coming up in areas like Santej, Khatraj, and Jetlaj, and another 3.5 lakh in Ahmedabad city.
| NIFTY 
