Friday, 26 July 2013

Technical view by Nooresh

Technical view by Nooresh

LIC buys 4-5% stake in Responsive Industries and Rainbow Papers – Can this be another Welspun and Gitanjali

Posted: 26 Jul 2013 02:07 AM PDT

In the last 3 quarters we have seen LIC buying stakes in certain midcaps which may not have long track record or credentials.   Market rumours suggest that there are a lot of kickbacks involved and some inquiry      This is the shareholding of Rainbow Papers.   Will  be putting up a detailed post [...]
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