|
| Discuss Aarti Drugs at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; fandamental call Aarti Drugs CMP - Rs. 111.40 /- 52 Week Low Rs. 108.45 /- 52 ... |
|
|||||||
| Notices |
| Equities Discuss & analyse stock market news, views, trends and your favourite stocks here. |
 |
|
|
Thread Tools |
| Sponsored Links |
|
#1
20th October 2005, 08:37 PM
|
|||
|
|||
Aarti Drugs
fandamental call
Aarti Drugs CMP - Rs. 111.40 /- 52 Week Low Rs. 108.45 /- 52 Week High Rs. 183.50/- P.E Some where 9 EPS - 12 ADL, a Rs. 200 crore (USD 55 million) public limited pharmaceutical company, is a leading manufacturer of bulk drugs in some of the popular therapeutic groups as also speciality chemicals. Steadily growing since its inception 1984, it has spread its exports to over 65 counties worldwide. It was chosen by Chemexcil for its First Award in the drugs and pharmaceuticals category, it was also voted as the best Vendor by OPPI (Organisation of Pharmaceutical Producers of India) for the year 2001. Its core compete Aarti Drugs Ltd has informed BSE that the Company has finalized major export order for Anti-Fouling agent to be supplied for a period of 7 years. The total value of the order is more than 4.5 Million US Dollars (Rs 200 Crores). 
|
|
#2
20th October 2005, 09:57 PM
|
|||
|
|||
|
Re: Aarti Drugs
This is not the time to enter this one at this time. This stock been falling even before the correction started. It formed a nice decending triangle. In early september it broke out ( rather..broke down ) and has ben falling like a tonne of bricks. The on going correction has only accelerated the slide. With in a month it has fallen from 150 to 111, a fall of almost 30%. The ADX indicates a strong downtrend. Currently the overall outlook is very bearish.
This stock is being beaten down so badly it will take quite some time to recover even if the fundamental story may be good. Also this is in the trade-to-trade segment in NSE so the liquidity is very poor. Keep away from this. The correction will give good oppurtunities to pick up some gems at a bargain prices. karthik
|
|
#3
21st October 2005, 01:02 AM
|
|||
|
|||
|
Re: Aarti Drugs
Dear Kartik,
How are u/ Ur view is good .For last 3 month it waas in negative zone and there is no hope to getup.Even during jul-aug-sep bull run it doesn't show any result for uptrend.It breaks all it resistance and wait for some up movement.Eventhough fundamentally good it's techncial was not good and Investors should wait and it will bresk the support and it will come in shortterm to nearby 100 .If it fall below 100 there is no hope and wait for long time.So just kepp away and watch it's movement. Bye and take care, From Arvind K Note:This is my opinion on this stock and it doesn't recommend anyone to BUY/SELL.
|
| Sponsored Links |
|
|
|
| Bookmarks |
| Thread Tools | |
|
|
Similar Threads for: Aarti Drugs
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Mangalam Drugs IPO | vchugh16 | Initial Public Offers (IPO's) | 1 | 21st April 2005 09:34 AM |
| What's story behind Aarti Ind and Gujarat NRE | viveanan | Equities | 1 | 14th February 2005 01:01 PM |
| Lumax and Aarti | milind | Equities | 2 | 21st December 2004 07:22 PM |
Indemnity, Disclaimer & Disclosure
Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum
Rules Disclaimer & Disclosure and indemnify Traderji.com, its
associates and related parties of all claims howsoever resulting from
the usage of the forum.
• Disclaimer: Trading or investing in stocks & commodities
is a high risk activity. Any action you choose to take in the markets
is totally your own responsibility. Traderji.com will not be liable for
any, direct or indirect, consequential or incidental damages or loss
arising out of the use of this information.
• Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein.
The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
