I have some great news to share with regards to two of the stocks that I invested amounts in recent weeks: Titagarh Wagons (or TWL) and Caplin Point Labs. It seems the popular funds have started realizing the potential of these two company shares. On 19th Feb’2015, HDFC Mutual Fund (A/C HDFC Prudence Fund) seems to have bought around 2,11,000 shares of Titagarh Wagons at approximate price of Rs.535.58 on the NSE. I had entered TWL stocks in my portfolio at Rs.362 levels and these are extremely positive signs for Titagarh stock’s future. This Wagon industry stock is slowly proving to be a real multibagger for my portfolio.
There are some news reportedly probably by ET Now about Raamdeo Agrawal’s Motilal AMC investing in Capin Point Laboratories stock by buying approximately 50,000 Caplin Labs shares at a price level above Rs.750. This piece of news augurs really well for the Pharma counter stock Caplin Labs. I had started purchasing Caplin Point stocks around 11th Feb’2015 between 600 and 685 levels.
I am holding both stocks with patience and the above news just re-confirm my faith in them. I am sure all investors having TWL and Caplin Labs in their portfolio will be extremely happy with the above news reports. For further details about how I invested in these two stocks, you can refer to the corresponding articles at:
Investing in TWL stocks
Investing in Caplin Point Labs shares
NOTE: The above information is purely my own personal take / view / discussion / interpretation about the news related to funds buying stocks of Caplin Point Laboratories and Titagarh Wagons. I am not at all a certified Stock Analyst or Stock Broker or Research Analyst. All my readers of this blog are advised to perform their own analysis and consult any authorized research analyst or financial advisor before taking their investment decision.
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