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Q.

Gujarat Mineral Development Corporation Ltd. how is this company? I've 500 shares Bought @ Rs. 28.60, what should I do? Please advice.

About: Company: Gujarat Mineral Development Corporation Ltd.

Asked by jayanta das, 12 Dec '08 02:38 pm
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Answers (4)

1.

Sell
Answered by conviction, 25 Dec '08 08:57 pm

 
  
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2.

You should have asked this question before investing.
Well GMDC is govn. controlled with 74% share holding. After the bonus dillution and all the stock is around its lowest price, infact quoting below its book value. So at this price you can hold this for a long term to get good returns.
Answered by Jugnu Thampy, 13 Dec '08 12:40 pm

 
  
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3.

Visit www.pankajtech.co.cc daily before market hours
Type JOIN PANKAJTECH and send it to 567678 to receive free trading calls on your cell phone
Answered by Mail, 12 Dec '08 03:56 pm

 
  
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4.

You can retain the shares. If you are in urgent need of money, you can sell them sincethe price is Rs.31 (higher than your purchase price)
Answered by Burjor Tarachand, 12 Dec '08 03:08 pm

 
  
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