Please donot fool other investor.This quarter results are very good and in line with expectation. Tea profit as compared to previous year increase by approx 30%. Only diff as compared to previous year is that in the previous year quarter company sold 13 cr of oil & gas whereas in this quarter they had sold only 3 cr as a reult net profit look similar to previous year.
By Jan/Mar 10 they are expecting gas plant will start and production will be approx 3500 - 4000 BOE. Once gas plant start operation, market will start discounting future revenue.I advise invester to be patient atleast till June 10. Happy investing
i checked it again today and yes it is still in t+2. it hit upper circuit today of 5%.
sorry if i might have mislead someone. i read it on bse website the day i posted and it was 20% but today its back to 5%
but i believe this stock is on the verge of a breakout and i will stand by my words. this stock is slowly getting popular and whether by manipulation or by sheer performance this script should rise to 25-30 levels very fast.
i have seen its movements and almost all major movements in this stock have been in december-january for the past several years.
All tea stocks should rally for the next 1-2 yrs due to the major shortage in supply all over the world.
and with the production of oil being raised to 3500 boe by the end of this fiscal year, an increment of more than 4 times the current amount. and this is not some shady insider leak, the ceo of the company Aditya Jajodia on live televison stated this.
and now with our markets inching towards new heights, i believe this stock should outperform in medium term of 4-5 months.
but now i ask you why would you think or rather what is your reasoning that i as an "idiot" am trying to cheat "innocent investors" ?
and dont these "innocent investors" have a mind of their own to check and verify any tip/data provided on the internet by some stranger.
This is the stock market, anyone trying to invest even a single rupee in the market must know of the risks involved and should be well prepared to make as well as lose money.
never invest until the tips/data provided by a stranger on the internet are verified.
i am seriously hoping for some back to back upper circuits in the very short term.
The last rally in tea stocks came in september that means the 2nd quarter. The next major rally is expected at the end of this quarter i.e. late november to early decemeber this is the time that tea stocks tend to do well irrespective.
my target is a breach of 30.
it should however stabilize in late 20s though.
one thing i am very optimistic about is that this rise will fast and by fast i mean within days.
i suggest investing in a small amount as i hate it when people make an account just to curse someone who made a call which went wrong. :)
| NIFTY 
