Tuesday, 20 November 2007

Status Report

GMR Infra is currently trading at Rs 253. I recommended this stock when it was at Rs 176. This is an increase of almost 45% !!!

Sudarshan Sukhani is of the view that GMR Infrastructure has more headroom left compared to JP Associates. Sukhani told CNBC-TV18, "JP Associates is the better chart but GMR is a better buying opportunity as of now so because there is more headroom. I would feel GMR probably is now ready to breakout and do what JP Associates has already done."

DISCLAIMER: The author is not a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments.