June 01, 2012

SAIL

SAIL
Face value Rs 10 Dividend 20%


As I mentioned earlier the Q4'11 numbers of the company were good and now the markets also giving them some respect. So, just after a day or over reaction the stock price is back. One can make handsome gains at the counter only if they have a long-term view of 1-2 years. However, this stock is positive on the weekly charts as well and in short-term likely to re-test the 100 mark.

I do own some shares at the counter but that only shows my believe on the scrip.


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