i know block deals common with cals.. the resaons are large equity and less price so even small oparator can play with few lacs Rs.
Rs 71 lacs deal menas someone got more than 1 cr share at 0.55...i would watch few more days.
Dear Dipak, on 23/9 30m sold for 213 lacs and on 24/9 38m sold for 282 lacs. 15/9 & 16/9 saw 53m sold at 389 lacs and over and above that JMP bought and sold almost 200m shares between 30/6 and 8/10. 71 lacs not close to a record. Hope this ease your mind because as we all know it`s an operators stock until Cals starts production and then it changes from an oil refinery to a Gold Mine for those with a belief and patience.
I hope to resist human greed and not sell too early and only make a small profit and instead make a windfall profit.
Good trading
Martin
not sure if the price would rise,but would like to say please dont underestimate the number of poeple who have multiple crores to spend, while there are so many boarder within ourselves itself who have invested several lacs so i dont think 1 crore is much of an amount