GAMMON INDIA; STOCK TRACKER

        CMP 46.95                BSE 17503

• In an earlier Post on GAMMON INDIA dtd 15/1/2012 (SEE HERE) I had outlined that 45 is a rock solid support for the stock.
• Ever since 19/1/2012, the Scrip has been closing above 45 and even in the last two down legs, the closest it got to this support level was on 7/2/2012 when it touched an intraday low of 45.35 and closed at 46.2.
• Investors wanting to play the Infra theme may pick up the Stock at CMP and hold long term.
• Bottom line is, if you want exposure to the Scrip, the time is NOW and not when it has run up to 60 levels.
• This will give you a sufficient buffer to ride the volatility as well as reap appreciable gains over the next 6-12 months, with minimal risk.