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Thursday 29 December 2016

Breaking News: New Year Bonanza:

_CMP 399. TP 432-445 January Series_

Kaveri seeds company Ltd:

Denofwealth has always accurately estimated quarterly results of KSCL. Now another accurate info:

KSCL will _soon_ announce *BuyBack of equity shares. Company is allocating around 100-120 cr for this purpose and buyback price can be 460-480*

KSCL has 535 cr Cash/equivalent in its books.

Fundamentally also, stock has been upgraded by brokerage houses:

MOSL             TP 489
Cholamandalam TP 494

Once Buyback is announced ( we expect before 7th Jan), stock can _definitely_ cross 430

Buy January series TODAY

SL 388

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