at 32 bucks that is 9.24Cr worth of cash into GAEL.. in past 6 months.. WOW!!
Also the 180 days(6 months) and 90 days (3 months) avg prices are 33.1 and 35.37.
(link to original source in moneycontrol)
Conclusion: This is a great price.. and we are seeing acknowledgement from professionals like HSBC mutual fund.. since they have bought for more than 1 fund which means that its an identified stock by the fund house.
Thanks Purushottam for the follow up and sharing the info with everyone on this blog.
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2 comments:
Kalpesh:
HSBC buying was in Nov-Dec-Jan ie 3-6 months back..
so taking 3-6 months Exponential moving avg (EMA) as the price: it falls between 33-35 per share
(some ball park calculation..)
=happy investing
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