Thursday, January 28, 2010

Hindalco ...

Sorry wanted to post this earlier when the results were announced. Seems the results are below expectation of the street hence he stock went down.

I too am out of Hindalco totally. Made some cool 200+% profit in holding it for 1.5 years.

Next question would be where did I move my money to ???

Well, I have bought the following shares.

1. My current favorite and accumulate on dips - Satyam. Eagerly waiting for July to come...;-)

2. Long term favorite and keep holding for 2 to 3 years one - Reliance Power and NHPC.

Due to some restrictions, was not able to utilise the same money for buying Quintegra. May be tomorrow or Monday's trade day I would be able to do that. Till than wait.

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