Balrampur Chini and Gujarat Ambuja Cement

G

grouvvy

New Member
#1
#1
Would experts in this forum advise me to buy Balrampur Chini presently @ 93.45 and Gujarat Ambuja Cement @ 82.00. What future do you see of these two stocks ?
 
Traderji

Traderji

Super Moderator
#3
#3
Balrampur Chini has been moving sideways for over 4 months with no sigh of any immediate trend as yet. BUY only on a close above 95.00 with 85.00 as your stoploss.

Guj. Ambuja Cement is in a strong uptrend with the rest of the cement sector. If you are long, hold on with a stoploss at 79.00.
 
A

anilsharjah

Member
#4
#4
Dear traderji,

"Balrampur Chini to acquire integrated sugar unit
Source: IRIS (07 November 2005)

Balrampur Chini Mills Ltd has entered into an agreement for acquisition of integrated sugar unit having capacity of 7,500 Tonnes crushing per day and 12MW cogen power situated at Rauzagaon, Distt. Barabanki, UP at a consideration of Rs 1820 million from M/s Dhampur Sugar Mills Ltd, subject to necessary legal and other approvals as may be required. "

Is this news push the share price in near future ?

anil sharjah.
 
J

joy_verma

Member
#5
#5
BALRAMPUR CHINI looks like breaking out. presently quoting at above 97 level
could be nice buy if it closes at current levels. It should give very decent returns.
 
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