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buy gmrDiscuss Your Favourite Stocks. Talk about market buzz/rumours, stock tips, advice.
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It is reported that GMR Infra raised Rs.4000 crore through QIP at Rs.240/share and the banning of Future trading in NSE resulted in softening of the share price at around Rs.240/-. Hopefully, the news that the company is planning additional investment of Rs.30,000 to Rs.40,000 crores by 2010 will see further momentum in the stock.
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Till what price it will go?????????
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Dear Friends,
Many analysts have given a target of Rs.300 by end December 2007 for GMR infra. In the light of the ban on F&O for the scrip, we may safely say a target of Rs.260 by end December 2007. In any case it will not go below Rs.240/-. The scrip will prove to be an excellent investment if you hold it for 2 to 3 years. Disclosure: I have a long position in the scrip. |
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Hi gulshan
what makes u think it is - technicals of the last few days looks like it is going to dip ( though I must say the volumes shows a very slight up trend) . Is there any specific news / indication to lift it from the present levels ? regards suresh |
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| The BEST STOCK TIPS/INTRADAY CALLS: Latest at dstreetdirect- BHARAT FORGE Report by Religare | This thread | Refback | 3rd December 2007 09:50 AM | |