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Tower Talk |
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* A group of HNIs is very optimistic about Puneet Resins and is accumulating the scrip for some time. Keep a watch on the counter.
* Kitex Garment is hitting new highs even in this poor market sentiment. It does not deserve a market cap of Rs.250 crore. Exit immediately.
* A hype has been created about Lovable Lingerie and operators are playing a shrewd game. Fundamentally, the scrip is grossly overvalued. Stay away from the counter as it may see a vertical fall in the near future.
* Nitin Fire Protection has shot up only because the company has announced 5:2 bonus. Investors not looking for tax benefits should take this opportunity to book profits.
* An Ahmedabad based technical analyst forecasts a breakout in Chartered Logistics and Simplex Castings.
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