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.
