Buy Hind Motors (A Pure Diamond )

#1
Buy Hindustan Motors
Current 29.65 up 20%

Breaking News:
Aug-28-2007
Hind Motors plans to invest 750 mln rupees in plant

India's oldest car maker, Hindustan Motors Ltd, plans to invest 750 million over two years at its Uttarpara plant in West Bengal to boost its components business, a top official said on Monday.The bulk of the investment will go towards upgrading technology and modernising the component manufacturing facilties at the plant, Managing Director R Santhanam, told shareholders at the company's annual general meeting. The investment will be financed from the proceeds of the land development at the same plant. The company also plans to launch premium range SUVs both new models and higher versions of current ones from the Mitsubishi stable in six months, Santhanam said.

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Last edited:

swagat86

Active Member
#3
Buy Hindustan Motors
Current 29.65 up 20%

Breaking News:
Aug-28-2007
Hind Motors plans to invest 750 mln rupees in plant

India's oldest car maker, Hindustan Motors Ltd, plans to invest 750 million over two years at its Uttarpara plant in West Bengal to boost its components business, a top official said on Monday.The bulk of the investment will go towards upgrading technology and modernising the component manufacturing facilties at the plant, Managing Director R Santhanam, told shareholders at the company's annual general meeting. The investment will be financed from the proceeds of the land development at the same plant. The company also plans to launch premium range SUVs both new models and higher versions of current ones from the Mitsubishi stable in six months, Santhanam said.

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hey lucky,

buddy sory but dont agree wid u.



This landbank story is way back old. considering ur chart iv looked at historical data. looks like the volume has not been able to hold this stock becs there is heavy selling aftr evrey up move.


check the chart.
 

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#4
Hi swagat86 ,

yes you are saying true thing but we can invest in it for short term .. even i tried my luck.. if not today/yesterday then it will give some income in coming days / month.

Also chart shows after down it go up.. for certain period.. may be this go up for some days also! .. look today.. it is up more than 8%

try luck..

thanks..
kan....
 
#5
hey lucky,

buddy sory but dont agree wid u.



This landbank story is way back old. considering ur chart iv looked at historical data. looks like the volume has not been able to hold this stock becs there is heavy selling aftr evrey up move.


check the chart.
Nice to read comments which dont agree with my analyse

About landbank story knew before but, who knows when that will be convert in to cash.

I think the reason behind the vol. (heavy selling) was the net loss of -43.69 cr. in Mar 06 which the company had made

No idea! About company will make profit or loss in future.

I am happy that at least I got the Bottom.

I have made some adjustment on ur chart & that is my strategy for now.

More views are always welcome.

Regards,
Luckytrader.
 
Last edited:

swagat86

Active Member
#7
Hi swagat86 ,

yes you are saying true thing but we can invest in it for short term .. even i tried my luck.. if not today/yesterday then it will give some income in coming days / month.

Also chart shows after down it go up.. for certain period.. may be this go up for some days also! .. look today.. it is up more than 8%

try luck..

thanks..
kan....



Nice to read comments which don’t agree with my analyse…

About landbank story knew before but, who knows when that will be convert in to cash.

I think the reason behind the vol. (heavy selling) was the net loss of -43.69 cr. in Mar 06 which the company had made…

No idea! About company will make profit or loss in future.

I am happy that at least I got the Bottom.

I have made some adjustment on ur chart & that is my strategy for now.

More views are always welcome.

Regards,
Luckytrader.
Best of luck for ur trades to both of u.
 

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