Actually there is no good news.The NP for sept`09 is up only 3% yoy.Please refer to my message dated 27.7.09.Since there is no trigger for the price to go up because of the flat result, the price is coming down breaking the 30 days moving average of Rs 114/-.The 50 days MV is Rs108/-.It is now below this.It will try to come down to its BV of Rs96/-.Meanwhile if there is any fresh order news,then the price will recover. SPRAJ
thanks for good reply sir i have bought this stock @101at LC 100 qty i also have 100 qty @112.i can stay 1-2 years can i expect good return or sell at cost valu or add more on dip pl tell me feature of knr pl