There is no basis . It is pure speculative. You can expect circuit from 5.95 levels....

he is referring to United Spirits...

Hey kd, others, Always remember one thing., rather than listening to others (or for that matter myself too)., check for genuinity of news and sources. This is the basic funda of investing ! Now coming to one news (point (b) of my earlier post)... YES !!! There is some good news... IKF plans to produce biofuel using jatropha is still very much intact.. source : energy.einnews [dot] com/search.php?keywords=ikf&makesearch=yes If anyone is subscribed to this magazine, please click on the 3rd article and post it here for all of us !!! Bio fuel will be one big business in the new age. It will pick up a lot of steam when the new Govt pushes for renewable energy sources and bio fuel is one big thing waiting to happen. IKF is already into that in addition to its existing IT business. This is a multi bagger... Just thought of posting this for everyone. You can thank me later. :-P...

Guys its profit booking and nothing else. Since this scrip rose more than 100% from previous rally when it was at 3.01 so profit booking will obviously happen, just wait it will not fall below 4.5 and will stabalise around 5 and then after the budget is out and if at all it comes out to be a positive one then see this scrip will rise by 60-70% from 5. Again profit booking will happen but everytime you will see that the stabalisation will happen at a price 50% more than previous one. So cheers....

Punj Lloyd has posted excellent results in third quarter09 with sales Rs8830 against 1243.75 (corresponding year to year basis), net profit 89.33(37.16). Their cash bank stands at 214.42 and percentage of total liability at 5.67%. Please visit my page for more information before you invest....

Even when the market rose by 5%, this scrip is lying low on its LC. And you are still positive on it going up to 9 ???

Can you please provide some basis for the scrip to rise up to 9?...

What on earth makes you think it will go to 920/- Please check the current rate which is lying around 80 odd rupees... Or was it meant for some other stock???...

Hey Guys, please suggest what can be the short, midium as well as the long term targets for Hyderabad Industries?
I am looking forward getting into this counter. Please suggest if this is the right time to get into this scrip.
Thanks in advance, looking forward for your reply soon....

I am also awaiting for some useful guidence from the pool of knowledgable people here. Please someone help us know if we should forget the money we have invested in this script or is there anything we can do to get atleast something out of it....

Hey Guys!!! Any news? Why has it hit the UC today? Jump of 20% in a day?...

Hey "ANALYSE THIS"!!! If this is the case, then IKF should have been moving up. However, for the past 4 days, it is continueouslu moving southwards, irrespective of which direction the market is going. Though for the past 2 days, the market closed pretty high. Whereas IKF has been consistently hitting LC.
Would appreciate if you can explain this movement....

Hey Guys!!! Any news? Why has it hit the UC today? Jump of 20% in a day?...