India’s defence expenditure has been raised to Rs.147,344 crore (Rs.1.47 trillion/$32 billion) for 2010-11, up 8.13 percent from the revised estimates of the previous fiscal, in the budget presented by Finance Minister Pranab Mukherjee in the Lok Sabha.
This is my Multibagger for 2010-2011
Now at Rs.21
Technically Looking Hot.
Traded at BSE-NSE
Your Stoploss for Investment is 16
Trading Stoploss 18
Unexpected Buying will start anymoment.
My Short term target Rs.25.50-26 & there after Rs.32+
Traders can get 15-20% jump (But we are not interested to get this small return )
Dear Readers & Traders ,Just spare 5 minutes & get some hot facts:
While u trade ,dont follow fundamentals ,just concentrate on levels.
*Samtel is a success story in the private sector’s entry into Indian defence manufacturing
*SAMTEL :India’s largest Integrated Manufacturer of a wide range of displays for television, avionics, industrial, medical and professional applications, TV glass components for displays, machinery and engineering services. The group employs 6000 people in nine world-class factories and has an annual turnover of Rs 12 billion (USD 300M).
JOKE :MCAP of Rs.114 Crore only ??
Go on reading :Click here
Samtel represents strength of India’s private sector at Defexpo 2010
I will update more to our Subscribers
Updated at 8:47/08th April/Baroda