Informed Intelligence- BAFNA PHARMACEUTICALS

Jayashree / 14 Mar 2011

For the last few days the stock has been moving in a range and the volumes have witnessed a spurt in the past few trading sessions.

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BSE Code: 532989
CMP: `45.95
Volume: 91000

For the last few days the stock has been moving in a range and the volumes have witnessed a spurt in the past few trading sessions. It is heard that the company is being watched closely by some big market participants and they are working in a group to create long positions in the stock. It is also heard that the company may announce an acquisition which may drive the prices higher and has therefore to be watched closely. Investors with a risk appetite may create positions in the stock to witness some short term gains.

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