Saturday, March 3, 2012

KENNAMETAL INDIA - BOOK PARTIAL PROFIT

Kennametal India is my old recommendation 
@ Rs.350/- on 18th April 2010 ( Old posting HERE) .Today it moved up sharply and closed at Rs.1065/- , a whopping gain of more than 200 % in less than two not so good years for the overall stock market.Requesting to sell at least 50% of the total holdings at current rate and keep the balance cost free.

3 comments :

  1. Don't you think it will move much higher being a delisting cadidate?

    ReplyDelete
  2. Dear Parikh

    Now all MNC's are moving very fast even beyond their fundamentals only on the basis of the de-listing theme.I don't think each and everyone will be de-listed at any cost.Better to take at least some profit from the table in this manic run.

    ReplyDelete
  3. Super call Sir.....i had made a money on this ...thanks

    ReplyDelete

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