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Blue Star
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selling will continue
Posted by :
boysiTracked by: 0 Boarder
I strongly feel that it needs to fall further from current levels. I am expecting atleast of Rs. 50 and it may settle around levels of Rs. 200. ...
NSE Announcements on Blue Star
Posted by : MMB MessengerTracked by: 0 Boarder
Blue Star Limited has informed the Exchange that pursuant to the Scheme of Amalgamation of Admo Holdings Private Limited (Admo) and Sunag Investments Private limited (Sunag) and Sunashad Investments Private Limited (Sunashad) and Mohan T. Advani Finance Private Limited (Mohan) with Blue Star Limited (BSL) (Scheme), approved by the Honble High Court vide its Order dated May 02, 2008, 7899381 equity shares of Rs.2/- each of the Company, amounting to Rs.1,57,98,762/- has been cancelled and to that extent the share capital has been reduced and simultaneously 7899381 new equity shares of Rs.2/- each amounting to Rs.1,57,98,762/- has been allotted and the share capital has been increased to that extent....
Why this selling..
Posted by : nevisTracked by: 0 Boarder
Its sad to see the prices reacting on this good scrip. The big infrastructure spending will not be there in the near future which will affect its sales targets. Hope it finishes its correction soon. ...
In reply to:
Why this selling..
Posted by : boysi
I have already warned all the boarders abt what was going to happen to the price of this stock in my last message about 15 days back and the stock moved as per by prediction. This stock has lost about Rs.100 buck or 25% market cap from my message. I still believe that stock is no ways near to its bottom or its has not formed its bottom. Next crucial and last support for this stock is about Rs. 300 and it is breaks it then stock is in free fall zone how much and to which level it will fall i don\\`t have answer for it. 
Why this selling..
Posted by : boysiTracked by: 0 Boarder
I have already warned all the boarders abt what was going to happen to the price of this stock in my last message about 15 days back and the stock moved as per by prediction. This stock has lost about Rs.100 buck or 25% market cap from my message. I still believe that stock is no ways near to its bottom or its has not formed its bottom. Next crucial and last support for this stock is about Rs. 300 and it is breaks it then stock is in free fall zone how much and to which level it will fall i don\\`t have answer for it....
In reply to:
Why this selling..
Posted by : nevis
Blue star is a scrip that normally goes contra in a bearish situation like this. But this one was also beaten up in the last two weeks - 400+ to 330s. Its not related to the financial turmoil thats going on in US. But then why this selling here ?
Why this selling..
Posted by :
GreyFoolTracked by: 0 Boarder
Read somewhere that Morgan Stanley is selling its stake thru block deals. But MS holds less than 1% of equity so a bit surprised at the extent of sell-off. Esp now with MS assured of staying independent. Any way it's a good time to accumulate more so shouldn't complain :-) ...
In reply to:
Why this selling..
Posted by : nevis
Blue star is a scrip that normally goes contra in a bearish situation like this. But this one was also beaten up in the last two weeks - 400+ to 330s. Its not related to the financial turmoil thats going on in US. But then why this selling here ?
Why this selling..
Posted by : nevisTracked by: 0 Boarder
Blue star is a scrip that normally goes contra in a bearish situation like this. But this one was also beaten up in the last two weeks - 400+ to 330s. Its not related to the financial turmoil thats going on in US. But then why this selling here ?...
Buy or Sell
Posted by : GuestTracked by: 0 Boarder
Hello, are yo thinking the managers will sell the firm ?
You must be dreaming ! The younger generation, educated
and aggressive, are taking the rains tightly. They will
not giuve up cntrol. maybe sell a small stake to get some
tech help in a competitive space you rrr right...hang on give
the kid a chance...
In reply to:
Why this selling..
Posted by : nevis
Blue star is a scrip that normally goes contra in a bearish situation like this. But this one was also beaten up in the last two weeks - 400+ to 330s. Its not related to the financial turmoil thats going on in US. But then why this selling here ?
BSE Announcements on Blue Star
Posted by : MMB MessengerTracked by: 0 Boarder
Blue Star Ltd has informed BSE that the given below are the details of the email id designated exclusively for grievance redressal division / compliance officer:
kpkutty@bluestarindia.com...
Buy or Sell
Posted by : boysiTracked by: 0 Boarder
It depend of your purchase price. It current market condition I would have sold my these holding and would have bought some large cap stock. One problem with this counter that it is pretty illiquid i.e. generally low volume stock. In case nifty retest its earlier low of 3800 levels then it will be difficult to get out of it. If you have purchased these shares before 4 yrs then you should hold it....
In reply to:
Why this selling..
Posted by : nevis
Blue star is a scrip that normally goes contra in a bearish situation like this. But this one was also beaten up in the last two weeks - 400+ to 330s. Its not related to the financial turmoil thats going on in US. But then why this selling here ?
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