Tilaknagar: TARGET met...what next (Riddhi too)?

Good question. You can accumulate further Tilaknagar Industries at current price and on dips (support at 77).

My suggested entry price was Rs 60.

You entered at Rs 74.

CMP is around Rs 84. (My target of Rs 81-82 has long been met)

Revised 1-year target (Sep 2011) is Rs 122 (+45% from CMP)

 

On Aug 31st, I asked people to enter Riddhi at 365 for a target of 598 (+64%)

In just 1 month, it raced to Rs 483.90 (52 week high), currently at 462 (+26%)

Riddhi is still very cheap from the valuation perspective and you can see there is lot of head room for rise (still 38% to go and more)

So buy Riddhi in small quantities at CMP and add more on dips (support at 390)

On Fri, Oct 1, 2010 at 1:54 AM, d. halder <djhalder@yahoo.com> wrote:

Dear Moderator,   Based on your recomondation I purchased 200 shares at an average price of of Rs 220/.I received 400 bonus share.Hence total share is 600 with an average price of Rs 74/- per share.As on date CMP is Rs 84.5.I am long term investor .Could I purchased another 400 shares with CMP and what will be the target price of TI after one year.Please advice and inform.Some how I missed Riddhi Siddhi.Could I purchase now.    Regards.