Stock Performance of Jindal PolyFilms Ltd and Rain Industries Ltd:

1. Jindal PolyFilms Ltd: When we planning to recommend this stock @ Rs 345, some of our friends in LEADING brokerage houses were advising us against it. Their rationale was that stock has already more than doubled in just 4 months from its recent low of Rs 169 in March 2015 and stock is also substantially up from 1 month low of Rs 273. However, we were convinced about further upside and future potential of the co. Hence, we decided to recommend. And result of our conviction is that JPFL has yesterday touched at new high of Rs 394.

2. Rain Industries Ltd: Stock had risen immediately upon our recommendation on the result day. However, yesterday stock came down below our recommended level. It has been mainly due to some institutional selling (sometimes DII/FIIs do not have patience, want to move out of slow-moving investments and convert to some hot ideas) and also bad market conditions. Here, we have strong conviction that stock will outperform the markets by a big big margin and should provide blow-out appreciation. Investors will liquidity may continue to add more