CAUTION - PART 2

As a follow up to the earlier post advising seeding of caution for Retail Investors entering at this stage, I thought it would be useful to have a look at the quantum of run-up that some of the Infra/ Realty names have undergone from their lows of December 2011. The results are tabulated below:

• BL KASHYAP & SONS  CMP 13.5    UP 64%
• GAMMON INDIA LTD   CMP 58       UP 48%
• GMR INFRA LTD            CMP 29.85  UP 68%
• GVK POWER LTD          CMP 16.85   UP 77%
• HCC LTD                          CMP 27.15   UP 71%
• IVRCL LTD                      CMP 56.7     UP 109% 
• JP ASSOCIATES LTD     CMP 76.7     UP 52%
• JYOTI STRUCTURES     CMP 55        UP 57%
• KEC INT'L LTD               CMP 62.6     UP 102%
• KEI INDUSTRIES            CMP 19.45   UP 52%
• LANCO INFRA                CMP 16.25    UP 103%
• HDIL LTD                        CMP 96         UP 85%
• DLF LTD                           CMP 230      UP 34%

Of course, the above is only a limited compilation and there are many many more such Scrips which have had a blast in the past month and a half.

It is also observable that most of the above Scrips at CMP are now almost at their September-October 2011 levels and have thus, in effect, wiped out the abnormal losses that their Market Price incurred in the October 2011 to December 2011 period.

Short point is that from now on, DO NOT expect the same kind of blowout moves as in the past 40 days.

Needless to add, I will be happy if the Market proves me wrong on this one!!!!!


EARLIER MUST SEE RELATED POST  SEE HERE