Paper products recommended @ Rs.61 ( Recommendation HERE) hits its life time high (adjusted to stock split) today @ Rs.102 . Still recommending to HOLD this MNC stock for long term
SEQUENT SCIENTIFIC LTD
This stock initially recommended to Rs.138 and repeatedly requested to HOLD despite poor working results thereafter .Today stock hits its 52 week high @ Rs.235 .I believe company is now started the ground work to become a niche play in selected segments and recent exit from specialty chemical business and formation of new joint venture company with Shasun Pharma is only a beginning in this direction. After subscribing lot of shares through preferential offer in last two years,promoters recently acquired shares from open market too even at a price higher than Rs.200. Requesting to HOLD this stock with patience for long term.
You can access detailed report on this stock HERE