VALUE PICK FROM INDIAN STOCK MARKETS

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Thursday, September 19, 2013

PANACEA BIOTEC LTD - UPDATE

Panacea Biotec recommended earlier @ Rs.108 which is currently trading around Rs.136. Loss of business due to WHO related issues clearly mentioned in old posting ( HERE).After a long waiting company today published an Important announcement in this matter ( Read it HERE) which is self explanatory .Recommending to HOLD the stock for long term.

2 comments:

UnknownSeptember 21, 2013 at 8:22 PM
Hello sir...even after such a fantastic development this has got stagnated, infact it is coming down..... not sure if there is something which market is suspecting/expecting further....
regards....
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AnonymousSeptember 26, 2013 at 11:19 AM
Dhiraj.. please ignore short term fluctuations.. All recommendations given by VP sir are only and only long term recommendations.. Thanks, Vijay Mumbai
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