I purchased 700 at 9.5 sure it is higher levels but the company looks promsising . It is one of those household companies in India . They even have a town ship in Tumsar . Prospects look bright for Facor , i wonder if we would even see a dip in this scrip now - if it dips a little I will definitely sell of my "negative counter" bharthi and accumulate on this one .
My view is you can try to reduce your CMP to as much low as possible as the company certinaly is doing good .One thing though i would ask the boarders is ... is the 110% growth sustainable as th company didnt perform well at all in the year before last . Please share your projections for the scrip