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hindunilvr |
bharatpatel White Belt
Joined: 26 Oct 2011 Posts: 401
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Post: #1 Posted: Thu Jun 13, 2013 4:32 pm Post subject: hindunilvr |
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Since last 20 to 25 days i am watching that movement is too much narrow in this counter. Anybody noticed that ?
Why it is happening in that counter ?
offloading ?
any nagative/positive announcement in near future ?
What should be understood ?
Experts pls express yr views. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #2 Posted: Thu Jun 13, 2013 5:40 pm Post subject: |
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it gapped up rs.100 few days back because of the news the parent company would buy / increase stake at Rs.600 per share... so its lingering there. |
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SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
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Post: #3 Posted: Fri Jun 14, 2013 4:00 pm Post subject: |
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apka wrote: | it gapped up rs.100 few days back because of the news the parent company would buy / increase stake at Rs.600 per share... so its lingering there. |
Apka can this be because of the dollar depreciation? |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #4 Posted: Fri Jun 14, 2013 4:04 pm Post subject: |
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SP50 wrote: | apka wrote: | it gapped up rs.100 few days back because of the news the parent company would buy / increase stake at Rs.600 per share... so its lingering there. |
Apka can this be because of the dollar depreciation? |
na i think investment of such level and price must be due to fundamental reasons, not due to dollar |
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SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
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Post: #5 Posted: Fri Jun 14, 2013 4:08 pm Post subject: |
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apka wrote: | SP50 wrote: | apka wrote: | it gapped up rs.100 few days back because of the news the parent company would buy / increase stake at Rs.600 per share... so its lingering there. |
Apka can this be because of the dollar depreciation? |
na i think investment of such level and price must be due to fundamental reasons, not due to dollar |
Any idea when this stake buy will finally materialize? I am sure this has a lot of legal steps. Like this who knows it may hit 1000 soon. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #6 Posted: Fri Jun 14, 2013 9:02 pm Post subject: |
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no idea SP50.. totally upto their seriousness of intent to finish it. maybe 3-4 months. |
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