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News On Gujarat Alkali

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  #1  
Old 14th July 2005, 11:29 AM
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Default News On Gujarat Alkali

I THINK ONE NEWS ON GUJ ALKALI HAS BEEN TOTALLY IGNORED.the company has entered into an agreement with the central govt whereby it wud get a compensation of 40.80 crore for reducing production of carbon tetra chloride {ctc} for nonfeed stock.this transpires into 9/-per share of gujarat alk.THIS IS THE SAME CARBON CREDIT STORY WHICH HAPPENED IN SRF.SO OWN THE STOCK
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Old 14th July 2005, 07:09 PM
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Default Re: News On Gujarat Alkali

Hi Creameeee,
Is it ok to enter Guj Alkali here around this level?Please advise.

Thanks in advance
Avinash
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Old 14th July 2005, 09:54 PM
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Default Re: News On Gujarat Alkali

well on scaterred basis yes.the reason y i m saying that is when mkts go down everything does.so may b one can wait for some correction .but then u run the chance of stock running out.if i wud have been in yor place i wud have invested at least 30% of the intended investment and thereafter on scattered basis.another srategy may b to put a stop loss and invest the amt
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Old 15th July 2005, 07:56 PM
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Hi Creameeee,
Thx 4 the reply......will do as you suggest.

Avinash
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