S Kumars up 18% today at Rs 57…Interesting Retail Play in 2010

On January 25,2010,I had blogged of an interesting Bulk Deal..Merrill Lynch buying S Kumars at Rs 47.60

Two Interesting Bulk Buys…Essar Oil by LIC at Rs 140 and S Kumars by Merrill Lynch at Rs 47.60

This Kasliwal company has zoomed past 18% today to Rs 57…as it has plans to unlock value with Brands ‘Belmonte’ and ‘Reid & Taylor’…an IPO in the offing for the latter maybe? watch this scrip in 2010…on our advice,some of my clients hold it from last year in their ‘Growth Segment’ of their Equity Portfolios…It’s a Retail Play 

Cheers ! 

Leave a Reply

Your email address will not be published. Required fields are marked *