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suresh_esg  
Joined on : 22nd-May-2004
Belongs to :  Gold
Posted : 370 messages
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Management & Investment consultant for MNCs in India and Abroad.Have interests in India, Hongkong, China, Korea, Australia and US stock markets.
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The rise of this share to 800 levels was related to the real estate property it owns in AP state especially Hyderabad. Because of the recent turmoil, this stock is down....
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A superb crash in this week .............!! from close to 600 to less than 500!!!!...
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17 Nov 2008 12:58
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I know it is too early to say that sensex falling below 3000 but nothing is impossible in my view. When sensex could come down from 20000+ to close to 9000, why not?

If it really comes to that level, many things will happen. There will be a set of people who book their losses and another set of people who look at market with a more long term view. I guess it is the second set that stands to gain at the end....
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17 Nov 2008 08:58
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True.........but there is no guarantee that these dividend % will be maintained. Ofcourse, even if we assume a 50% cut, some of them still look good!!!...
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I know they are always looking at it. But they are very choosy in doing so. They are not like Dabur which went all the way to take over Blasar Hygenic and now fem care pharma!!!...
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Chief!!.. Do you think this share will ever come down to 450 before bonus issue??...
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Just imagine!!... The company will be adding 100 Crores every year to its Reserves. Which means your Book value will increase by 20 Rs. every year!!. This is in addition to the dividends you get!!!!

What if they launch new products??!! or take over new brands!!!??...
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