JK tyres has reached its target of 200. With the expansion and price hike they have done, it should go higher. Since it has appreciated more than 100p... I recommend booking profits on the 50p of your shares and get your principal out. Rest you can sell when it reaches 280-300.
More tips later. Happy investing... :-)...
Sunday, March 21, 2010
Thursday, March 11, 2010
Fortis Healthcare
Fortis has been in news recently as it acquired some 24% stake in the Singapore based hospital.
I bought some Fortis around Jan 12, 2010 when I recommended it in this blog.
I think it is still a good buy for a long term as it is now the largest health care player in the country after this acquisition with a global foot print.
If there is a blip in the share price, please consider to buy it. I do not think there would be any major correction in this stock inspite of such a great move this year. Every time there is a rise in the price it never retreats or goes back. It falls max 1 or 2 Rs from recent highs.
I would keep this for atleast 2 years+ as the healthcare is booming in India. I would keep evaluating on quarterly basis to see if there is any change it.
I bought some Fortis around Jan 12, 2010 when I recommended it in this blog.
I think it is still a good buy for a long term as it is now the largest health care player in the country after this acquisition with a global foot print.
If there is a blip in the share price, please consider to buy it. I do not think there would be any major correction in this stock inspite of such a great move this year. Every time there is a rise in the price it never retreats or goes back. It falls max 1 or 2 Rs from recent highs.
I would keep this for atleast 2 years+ as the healthcare is booming in India. I would keep evaluating on quarterly basis to see if there is any change it.
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