Dear wise boarders,
I bought this script in Sept 2009 at 48/- on recos.
Since then it has only been languishing.
I am surprised to find boarder colleagues giving Northward recos.
Does ant wise boarder colleague have an insight and correct rationale for buying this counter or just writing BUY suffices.
I would very much appreciate if some friend could give a detailed study and strategy.
Regards
Major
Growth of the broking firms are directly linked to the fortunes in the stock market. So if the markets were to increase in the next two to three years, you could find Geojit too going up in the same direction. Geojit is essentially a retail broking firm and has in the past tied up with BNP. Association with BNP should yeild good results and its only a question of time. I am sure they are working hard to ensure they have a sustainable business model. Also remember, India is on a growth path and this will be seen only after 2-3 years. Till then have patience and hold on to your dreams.