ATTRACTING INTEREST
Ali On Content / 12 Apr 2010
The stock has seen some buying interest in the last few trading sessions. The increase in volume in the last few trading sessions backs the fact that something is cooking in the counter. Market sources suggest that the company may receive a hostile takeover bid from a large domestic hotel chain player. Many big market participants and fund houses are taking a keen interest in the stock. It is also heard that the bid may be much higher than the current market price. The stock can be looked upon for a short-term trading perspective
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