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| Discuss Good solid stock at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; I have been tracking Alok Industries for an year now and I feel that around ... |
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#1
3rd February 2006, 03:09 PM
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Good solid stock
I have been tracking Alok Industries for an year now and I feel that around 71 levels it is a very good and rock solid stock that can withstand any surprise market fall also. Secondly, I feel that before budget the textile shares will have some good run. So watch it closely and invest!!
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#2
3rd February 2006, 03:17 PM
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Re: Good solid stock
Alok Inds. performed exceeding well in 2003 and then again in 2004. However it has been in a sideways consolidation mode in 2005.
Hopefully 2006 would see this stock break out of this consolidation and cross its previous all time high of 100 which was made in the year 2000.
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#3
3rd February 2006, 08:33 PM
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Re: Good solid stock
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Cud i hv ur views on Welspun India..fundamentally a gud stock but has been on downturn because of poor results...i welspun india is in same space as Alok textile/abhishek industries..also has a retail arm called SPACES.. I hv aposition in this stock at 108..shud i hold on cmp is 99.20 and bse code is 514 162
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#4
3rd February 2006, 08:55 PM
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Re: Good solid stock
Hi
There was lot expectation from the Textile sector post removal of the quota regime. Unfortunately the global textile market has been dominated by chinese textiles. Indian companies has not been able to make a dent in the chinese domination. The failure to meet market expectation have generally reflected in the textile stock prices. regards Karthik
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#5
3rd February 2006, 08:58 PM
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Re: Good solid stock
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#7
3rd February 2006, 10:32 PM
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Re: Good solid stock
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#8
3rd February 2006, 11:18 PM
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Re: Good solid stock
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#9
4th February 2006, 11:28 AM
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Re: Good solid stock
I am having a lots purchase of shyam telecom about Rs.122 to 126
please give me a good advice for this stock whether to hold or book loss please tell me about its fundamentals and some insider news if any
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#10
4th February 2006, 11:36 AM
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Re: Good solid stock
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