Wednesday, September 27, 2006
Investment update: WS Industries up by over 30% in two sessions?
I had written about WS Industries in August this year. I had then made a token investment @ Rs.45 per share. The scrip has since moved quite a bit, well mostly in the last two trading sessions. Yesterday, it was up 20% and today it closed with a gain of 9% to end the day at Rs.62 per share. Thats a good 37% return in a little less than two months. What interests me more is the spurt in volumes. They amounted to over nine lakh shares, both yesterday and today. This is more than 7-8 times the average daily volumes seen in the last few months. Something cooking up there?
Posted by Ravi Purohit at 5:58 PM