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Q.

I have 450 shares of balrampur chini @ 85 average. The price of this stock keeps goin down n down everyday ? why is this so ? When is it expected to rise again ?

About: Balrampur Chini Mills Ltd.

Tags: money, relationships, education
Asked by Huzefa Shabbir, 04 May '10 02:10 pm
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Answers (2)

 
1.

Sugar stocks are seasonal by nature. So, Balrampur Chini is not an exception. Fundamentally it is looking sound. For deliver based buying you can choose it to buy at levels 65-70 and book partial/whole profit (according to the overall market sentiment) around 90-95 levels. You can exercise this churning activity throughout the year......Sudipto
Answered by SUDIPTO GANGULY, 12 May '10 02:59 pm

 
  
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2.

Soon the target of this share will be 100
Answered by Gobil Bhalla, 11 Jul '10 11:17 am

 
  
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