BL KASHYAP & SONS LTD; ALERT

The Stock has been seeing  substantial Delivery Volumes in this Calendar Year to Date.:

• On the NSE, the Delivery Volumes have been consistently above 60% on all trading days this month except for 2/1/2012, 13/1/2012 and 17/1/2012 when they ranged between 52% and 59%. SEE THIS
• On the BSE too, the Delivey Volumes have been consistently between 60% and 70% in the current month. They were at 69% on 20/1/2012.

This is rather unusual for a low price stock that usually attracts a lot of trading froth. Perhaps the Market senses improved Results in the offing which might see the Scrip move towards 20 levels (CMP 11.3) in quick time. Nevertheless, it remains a bit of a punt at this stage and could go either way depending on overall Market sentiment as well as Financial Results.

Earlier Post on BL KASHYAP & SONS LTD  SEE HERE