UPDATES ON FEW OF OUR RECOMMENDATIONS

1. AMARJOTHI SPG MILLS LTD: Stock has come down to Rs 85. Fundamentals of the co are intact but big hit in broader indices is bringing down share price of Amarjothi as well. We advise not to book loss. Even otherwise, mainly we advise for investment perspective of few months and years although fellow investors are lucky to make trading profit as well in few days. You may add more at every fall.

2. GEE LTD: Share price on Friday plummetted due to desparate margin call. Hold. Once JV for land is finalised, share price will go up and go up. You may add at current levels if you can hold for 1-2 years. Stock had gone upto 58 in short period, subsequent to our recommendation

3. NTC  In our note, we had written that patience in this stock can be long. Investors will reap real multibagger gains as and when value of cigaratee license is unlocked. Hold.

4. TRIVENI GLASS LTD  : This stock had done tremendously well with back to back upper circuit for weeks. In Dec, there was upper cap of 19.90 due to Bse fatwa. Otherwise stock would have crossed 30 mark. Earlier, until few months back, daily traded volumes were in 3 digit or in 4 digit. In Dec and Jan, daily traded volumes 100% delivery touched in lacs. When stock was locked at upper circuit at 24, more than 8 lac shares were traded. Unfortunately, SASF started selling ruthlessly and sold nearly 14 lac shares in last 3 weeks. Fundamentals of TGL will continue to improve and hence, investors may add/buy more at every fall. We advise not to sell.

5. NOBLE EXPLOCHEM LTD   Daily traded volumes have been decent with HIGH delivery ratio. As plant is shut and many investors sell due to zero sales, stock is facing selling pressure. However, it provides golden opportunity to buy big quantity of NEL. Have a look at share price of Premier Explosives (which is a small co) and Solar Industries.

6. SANKHYA INFOTECH LTD Stock had almost touched 50 mark subsequent to our recommendations and subsequently fell due to 2 reasons. First, steep fall in broader indices. Secondly, a Hyderabad based company started selling Sankhya Info ruthlessly and started putting sauda even at lower circuit, causing panic amongst retail investors. However, we feel that SIL should benefit a lot from MAKE IN INDIA movement and as per our sources, some major announcement possible next month. Hence, we advise to stay invested

We may point out that several times in our articles, we have pointed out that " barring unforeseen circumstances and if markets do not fall steeply and remain stagnant/bullish". Our price targets are subject to same. Many times, our stocks remain locked at upper circuit even when market went down. But when market continues to fall and that too steeply for many days/for entire week, our recommendations are also bound to feel the pressure. But, we are fairly confident that investors with patience and with time horizon of 12-36 months should earn handsome long term capital gains