KERBSIDE
Manoj Singh Gautam / 06 Aug 2015
The recommendations provided in this column are taken from different market sources such as brokers, analysts, dealers and investment strategists, etc. These recommendations may not be backed by strong fundamentals. Dalal Street Investment Journal may or may not subscribe to these recommendations.
The stock has been moving in upward direction in last couple of session. It is heard from sources that many big ticket investors and institutions are keeping a close watch on the company and are gradually building their position in the stock. Traders with a decent risk appetite can create a position in the stock to make some quick trading gains.
The stock has surged higher along with rise in the volumes. Market buzz is that the company is likely to announce robust numbers and company is likely to reward its shareholders with a stock split or an bonus as company has ample of reserves. Considering this major trigger the stock prices are likely to surge higher and the traders with a short term horizon can enter in the stock.
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