Thnks for the info Sir.
Moreover, the nature of these funds will help us in determining whether they are opportunistic funds or long-on funds(one who buy vying growth story)
Massive accumulation going on looking at deliverable qualtities. Game has begun in agri space, keep a lookout on fertiliser space as well as stocks like Ks oil, Ruchi soya, rice stocks etc
Guys there is no accumulation going on...As far as I know the volume which had happened a couple of days back, was promoter`s inter transfer which thye had announced a week back...If it a fund buying then would come as a surprise to me... I am bullish on KGL`s long term story and I see lot of value in it(though still have some concerns about the execution part)...Till the time there is a diff between the Value and Price, go buy and forget till the difference goes away...Thats how the money is made in LT..
Lookign at volumes and price action looks like company is going to do sponsored ADR`s. As per my info pricing would be ~24rs. Bookbuiilding would start by end of december. Good stock for short term gains as well as good long term prospects. Look at the price of gold, thats the proverbial canary in coal mine for upcoming surge in commodity prices.
| NIFTY 
