Will add more if it breaches 285, but for now just plan to hold what I got at 294. Am very surprised they are announcing quarterly results within a week of listing. Any possible announcement in the offing? One potential announcement that can make this stock rock is the stake sale in mindtree which will practically pay off most of their debt. If this happens anytime soon, the stock can take off. Hope the management takes this route sooner rather than later.
Averaged at 282. Will now just forget about it for 4 months. @Atul and @Septa, thank you for your inputs. Was very undecided about this stock but am now happy to finally own a tiny little part of CCD
Ofcourse given the hindsight I would have preffered to buy at discount, but this is fundamentally a good company, with a sound execution record. I expect this would soon be above the IPO price and give good returns.
255. Septa| Link| Bookmark|
November 2, 2015 10:48:12 AM
(4000+ Posts, 4600+ Likes)
very very high volumes for this kind of volume i think lot of shorting is happening which not good sign. In less then an hour 200 cr trade has happened i picked some but now looking at volume technically i see more pain on down side support is 281 and top side 313.... if the quarter is good then we can see some green
PTI, Coffee Day Enterprises, Cafe Coffee Day (CCD), shares on stock exchanges , initial public offering (IPO), Starbucks, Rare Enterprises (owned by Rakesh Jhunjhunwala and Ramesh Damani), Nandan Nilekani
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